This bill proposes an amendment to the Deputy Sheriff Retirement System Act in West Virginia, specifically to section 7-14D-2 of the Code of West Virginia. The primary change is to increase the retirement benefit multiplier for members of the Deputy Sheriff Retirement System from two and one-half percent to three percent of the member's final average salary, multiplied by the member's years of credited service. This adjustment aims to enhance the retirement benefits for deputy sheriffs who retire on or after July 1, 2018.

The bill includes specific legal language changes, notably the deletion of "two and one-half" percent and the insertion of "three" percent in the definition of "accrued benefit." This change is intended to provide a more favorable retirement benefit structure for deputy sheriffs, reflecting the importance of their service and potentially improving retention and recruitment within the law enforcement community.

Statutes affected:
Introduced Version: 7-14D-2