This bill amends the West Virginia Public Employees Insurance Act by introducing a provision that allows employers who withdraw from participation in a Public Employees Insurance Agency (PEIA) plan to rejoin within a five-year grace period. Specifically, if an employer that is participating in the plan as of July 1, 2025, decides to withdraw, they will have the opportunity to re-enter the plan within five years from the date of their withdrawal.

The bill modifies the eligibility criteria for participation in the PEIA plan by adding this new grace period while maintaining existing provisions regarding mandatory participants and specific eligibility for county boards of education and public charter schools. The intent of the legislation is to provide flexibility for employers who may need to withdraw from the plan but wish to retain the option to rejoin in the future.

Statutes affected:
Introduced Version: 5-16-29