Bill Text: WV HB4094 | 2016 | Regular Session | Introduced
Bill Title: Consolidated Public Retirement Board, rule relating to refund, reinstatement, retroactive service, loan and correction of error interest factors
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2016-02-27 - Reported in Com. Sub. for H. B. 4046 [HB4094 Detail]
Download: West_Virginia-2016-HB4094-Introduced.html
WEST virginia legislature
2016 regular session
Introduced
House Bill 4094
By Delegates Sobonya, Frich and Moffatt
[Introduced January 18,
2016; Referred
to the Committee on Pensions and Retirement then the Judiciary.]
A BILL to amend and reenact article 2, chapter 64 of the Code of West Virginia, 1931, as amended, relating to authorizing the Consolidated Public Retirement Board to promulgate a legislative rule relating to refund, reinstatement, retroactive service, loan and correction of error interest factors.
Be it enacted by the Legislature of West Virginia:
That article 2, chapter 64 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 2. Authorization for department of administration to promulgate legislative rules.
§64-2-1. Consolidated Public Retirement Board.
The legislative rule filed in the State Register on July 28, 2015, authorized under the authority of section one, article ten-d, chapter five, of this code, modified by the Consolidated Public Retirement Board to meet the objections of the Legislative Rule-making Review Committee and refiled in the State Register on September 22, 2015, relating to the Consolidated Public Retirement Board (refund, reinstatement, retroactive service, loan and correction of error interest factors, 162 CSR 7), is authorized.
NOTE: The purpose of this bill is to authorize the Consolidated Public Retirement Board to promulgate a legislative rule relating to refund, reinstatement, retroactive service, loan and correction of error interest factors.
This section is new; therefore, strike-throughs and underscoring have been omitted.
