West Virginia Code
Chapter 8. Municipal Corporations
Article 22. Retirement Benefits Generally; Policemen's Pension and Relief Fund; Firemen's Pension and Relief Fund; Pension Plans for Employees of Waterworks System, Sewerage System or Combined Waterworks and Sewerage System

§8-22-1. Membership in Public Employees Retirement System - RETIREMENT SYSTEM. §8-22-1. Membership in Public Employees Retirement System. Any...

§8-22-2. Class I, II and III Cities Empowered and Authorized to Establish and Maintain &Quot;employees Retirement and Benefit Fund" or to Maintain Such Fund Heretofore Established - CLASS I, II AND III CITIES. §8-22-2. Class I, II...

§8-22-3. Definitions - II AND III CITIES. §8-22-3. Definitions. For the purpose of...

§8-22-4. Board of Trustees - The governing body of each such city desiring to establish...

§8-22-5. Employees Eligible for Participation in Fund - Employees eligible for participation in the fund shall include all...

§8-22-6. Contributions; Prior, Earned and Total Service Credits; Service Breaks - Until June 30,1967, each member shall pay into the fund...

§8-22-7. Retirement Pensions - (a) After the effective date of the fund, any member...

§8-22-8. Disability Pensions; Annuities - A member may qualify for a disability pension under any...

§8-22-9. Death Benefits; Return of Contributions - (a) A beneficiary or beneficiaries of a deceased member, which...

§8-22-10. Contributions by City - Effective January 1, 1987, the financial objective of each municipality...

§8-22-11. Investment of Funds - The board shall keep as an available sum for the...

§8-22-11a. Restrictions on Investment - Moneys invested as permitted by §8-22-11 of this code are...

§8-22-12. Individual Accounts; Actuarial Data; Tables - The board of trustees shall maintain an individual account with...

§8-22-13. Reports by Board of Trustees - The board of trustees for each retirement fund shall have...

§8-22-14. Custodian of Fund; Duties; Bond - The treasurer of the city shall be the custodian of...

§8-22-15. Action by City Required Before New Provisions Are Applicable - Notwithstanding any provisions in sections two through fourteen of this...

§8-22-16. Pension and Relief Funds for Policemen and Firemen; Creation of Boards of Trustees; Definitions; Continuance of Funds; Average Adjusted Salary - (a) Except as provided in subsection (e) of this section,...

§8-22-16a. Legislative Findings - The Legislature finds that prudence often dictates a review of...

§8-22-17. Powers and Duties of Boards of Trustees; Training - (a) Boards of trustees shall be public corporations by the...

§8-22-18. Members of Board of Trustees; How Elected; Presiding Officers; Secretary - (a) The Board of Trustees of the Policemens Pension and...

§8-22-18a. West Virginia Municipal Pensions Oversight Board Created; Powers and Duties; Management; Composition; Terms; Quorum; Expenses; Reports - (a)(1) The West Virginia Municipal Pensions Oversight Board, established in...

§8-22-18b. Creation of Municipal Pensions Security Fund; Transfer of Certain Powers, Duties and Functions of Treasurer's Office to Municipal Pensions Oversight Board - (a) The Legislature finds that an important part of oversight...

§8-22-18c. Notice of Legal Actions by or Against Municipal Policemen's and Firemen's Pension Funds - In any legal action in which a municipal policemen's or...

§8-22-19. Levy to Maintain Fund - (a)(1) In order for a municipal policemens or firemens pension...

§8-22-19a. Refunds of Member Contributions - After January 1, 2010, any member of a paid police...

§8-22-20. Actuary; Actuarial Valuation Report; Minimum Standards for Annual Municipality Contributions to the Fund; Definitions; Actuarial Review and Audit - (a) The West Virginia Municipal Pensions Oversight Board shall contract...

§8-22-20a. Hiring of Actuary; Preparation of Actuarial Valuations - (a)(1) The Legislature finds that it is in the best...

§8-22-21. Duties and Bond of Custodian of Funds - The treasurer of the municipality shall be the custodian of...

§8-22-22. Investment of Funds by Boards of Trustees; Exercise of Discretion in Making Investments; Report of Investment Plan - (a) The board of trustees may invest a portion or...

§8-22-22a. Restrictions on Investments; Diversification of Investments; Disclosure of Fees and Costs - (a) Moneys invested as permitted by section twenty-two of this...

§8-22-23. Rules and Regulations as to Distribution of Funds; Proof of Age - The board of trustees of the policemen's pension and relief...

§8-22-23a. Eligibility for Total and Temporary Disability Pensions and Total and Permanent Disability Pensions; Reporting; Light Duty - (a) All members applying for total and temporary or total...

§8-22-24. Disability Pensions - (a) The monthly sum to be paid to each member...

§8-22-25. Retirement Pensions - (a) Any member of a paid police or fire department...

§8-22-25a. Deferred Retirement Option Plans; Authorization; Requirements; Limitations - (a) A deferred retirement option plan (DROP) is a method...

§8-22-25b. Right to Benefits Not Subject to Execution, etc.; Assignments Prohibited; Deductions for Group Insurance; Setoffs for Fraud; Exception for Certain Domestic Relations Orders; Assets Exempt From Taxes - The right of a person to any benefit provided in...

§8-22-26. Death Benefits - (a) In case: (1) Any member of a paid police...

§8-22-26a. Supplemental Pension Benefits Entitlement; Benefit Payable; Application of Section; Construction - (a) Except as otherwise provided in this section, all retirees,...

§8-22-27. General Provisions Concerning Disability Pensions, Retirement Pensions and Death Benefits - (a) In determining the years of service of a member...

§8-22-27a. Correction of Errors; Underpayments; Overpayments - (a) General rule. — Upon learning of errors, the Municipal...

§8-22-27b. Fraud; Penalties; and Repayment - Any person who knowingly makes any false statement or who...

§8-22-28. Period in Which Payments Limited to Income From Fund; Reduced Payments Where Fund Insufficient - Until the expiration of three years from the time of...

§8-22-28a. Distribution of Remaining Assets in a Closed Municipal Policemen S or Firemen S Pension and Relief Fund - (a)(1) Upon the cessation of any and all benefit payments...

§8-22-29. Pension Plans for Employees of Waterworks System, Sewerage System or Combined Waterworks and Sewerage System May Be Continued - SYSTEM, SEWERAGE SYSTEM OR COMBINED WATERWORKS AND SEWERAGE SYSTEM. §8-22-29....