Bill Text: WV SB240 | 2012 | Regular Session | Introduced


Bill Title: Authorizing CPRB promulgate legislative rule relating to refund, reinstatement, retroactive service, loan and employer error interest factors

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2012-01-24 - To Judiciary [SB240 Detail]

Download: West_Virginia-2012-SB240-Introduced.html

162 CSR 7

Senate Bill No. 240

(By Senator Minard)

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[Introduced January 18, 2012; referred to the Committee on Pensions; and then to the Committee on the Judiciary.]

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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 employer 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 the twenty-seventh day of July, two thousand eleven, authorized under the authority of section one, article ten-d, chapter five, of this code, relating to the Consolidated Public Retirement Board (refund, reinstatement, retroactive service, loan and employer 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 Employer Error Interest Factors.


    This section is new; therefore, strike-throughs and underscoring have been omitted.

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