The bill amends the Code of West Virginia to provide specific provisions for classroom teachers who became members of the Teachers Retirement System on or after July 1, 2015. It allows these teachers to sell back up to 10 unused personal leave days to their county board in exchange for a monetary compensation, which is calculated as 80 percent of the pay rate for substitute teachers with a bachelor's degree and 10 years of experience. This compensation is to be paid on or before June 30 of each year.
Additionally, the bill stipulates that once a teacher sells their unused personal leave days, those days are forfeited and will no longer be available for any purpose. The language in the bill modifies existing provisions by changing "are authorized to" to "may" regarding the payment of bonuses for unused personal leave, and it introduces new language to clarify the eligibility and process for selling back unused leave days specifically for the targeted group of teachers.
Statutes affected: Introduced Version: 18A-4-10a
Committee Substitute: 18A-4-10a
Committee Substitute for the Committee Substitute: 18A-4-10a