This bill amends the West Virginia Public Employees Retirement Act 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 contributing service. The new provision specifically states that a person elected as sheriff, who is not part of another retirement system administered by the retirement board, can retire under these conditions. This addition is marked as subsection (c) in the existing law.

Additionally, the bill retains the existing retirement criteria for other members of the retirement system, which includes the requirement of being at least 60 years old with five or more years of credited service. However, it modifies the retirement eligibility for new members who join the system after July 1, 2015, requiring them to have ten years of service to retire at age 62. The changes aim to provide a more flexible retirement option for county sheriffs while maintaining the overall structure of the retirement system for other public employees.

Statutes affected:
Introduced Version: 5-10-20
Committee Substitute: 5-10-20