This bill amends the West Virginia Public Employees Retirement Act, specifically section 5-10-20, to allow sheriffs who are members of the public retirement system to retire at the age of 62 with a minimum of eight years of actual, contributing service. The new provision, marked as
(c), specifies that this retirement option is available to those who became members of the retirement system by virtue of being elected as sheriff and who are not participating in another retirement system administered by the retirement board.
Additionally, the bill retains existing provisions that allow other members of the retirement system to retire at age 60 with five or more years of service, and it establishes a separate requirement for new members who join the system after July 1, 2015, who must have ten or more years of service to retire at age 62. The changes aim to provide more flexible retirement options for sheriffs while maintaining the integrity of the retirement system for other public employees.
Statutes affected: Introduced Version: 5-10-20