This bill amends the West Virginia State Police Retirement System by allowing members to use their accrued annual or sick leave days not only to acquire additional credited service but also to fund their health insurance upon retirement. Specifically, it establishes that for every one day of accrued leave, members can receive two workdays of credited service, with specific calculations for months of service credit. The bill removes a previous restriction that prevented members who joined the retirement system after July 1, 2015, from applying their accrued leave to gain additional credited service.

Additionally, the bill grants the Consolidated Public Retirement Board the authority to create rules to ensure compliance with these new provisions. This change aims to enhance the benefits available to members of the West Virginia State Police Retirement System, providing them with more flexibility in utilizing their accrued leave for retirement planning.

Statutes affected:
Introduced Version: 15-2A-21