The bill amends the West Virginia State Police Retirement System by clarifying the use of accrued annual and sick leave days for members seeking additional credited service toward retirement. Specifically, it establishes that one leave day is equivalent to eight hours of leave. Members who joined the retirement system before July 1, 2015, can use their accrued leave days at retirement to gain additional service credit at a rate of two workdays for each leave day. This means that for every one day of leave, members can receive credit for two workdays, with specific rules on how partial months of service credit are calculated.
For members who joined the retirement system on or after July 1, 2015, the bill provides a different calculation for using leave days. These members will receive one day of credit for each day of accrued leave, with similar rules for calculating months of service credit. The bill ensures that the credited service from leave days does not conflict with the existing requirement of no more than 12 months of credited service in any given year. Overall, the legislation aims to provide clearer guidelines and options for members regarding the use of their accrued leave for retirement benefits.
Statutes affected: Introduced Version: 15-2A-21
Enrolled Version: 15-2A-21