WV SB374 | 2017 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 21 2017 - 25% progression, died in committee
Action: 2017-03-16 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 21 2017 - 25% progression, died in committee
Action: 2017-03-16 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to require that for the purpose of calculating retirement benefits under the West Virginia Public Employees Retirement Act, the final average salary for members of the Legislature taking office after June 30, 2017 and thereafter participating in the retirement system as a member of the Legislature be the average of the member’s annual rate of compensation during his or her total years of credited service.
Title
Relating to computing retirement benefits for certain members of Legislature
Sponsors
| Sen. Ryan Ferns [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-16 | Senate | To Finance |
| 2017-03-16 | Senate | Reported do pass, but first to Finance |
| 2017-02-21 | Senate | To Pensions |
| 2017-02-21 | Senate | Introduced in Senate |
| 2017-02-21 | Senate | To Pensions then Finance |
| 2017-02-21 | Senate | Filed for introduction |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 5 | 10 | 2 | Amended Code | Citation Text |
| 5 | 10 | 52 | Amended Code | Citation Text |
