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 at retirement but also to fund their health insurance. Specifically, it states that members can elect to use these leave days, with a conversion rate of two workdays of credit for each day of leave, while ensuring that the credited service does not exceed the annual limit of twelve months. 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 empowers the Consolidated Public Retirement Board to establish 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 by providing more flexibility in how they can utilize their accrued leave.

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