WV457. Another alternative is to continue in the PPB plan you have when you retire. Subsequent to your hire are other issues that affect how much of your salary you bring home. If you are Medicare Eligible, you may transfer directly to Humana. In the purchase of service credit for employment prior to 1989 in any department, including the Legislature, which operated from the General Revenue Fund and which was not expressly excluded from budget appropriations in which blanket appropriations were made for the states share of public employees retirement coverage in the years prior to 1989, the employee shall pay the employees share. Login. Benefitting People Who Serve. Taxable amount of retirement income reported on federal return. Click here to see how long it's taking these days -Retiree Self Service Available In the purchase of service credit for employment prior to 1989 in any department, including the Legislature, which operated from the General Revenue Fund and which was not expressly excluded from budget appropriations in which blanket appropriations were made for the states share of public employees retirement coverage in the years prior to 1989, the employee shall pay the employees share. If you have any questions, please contact the Consolidated Public Retirement Board at (800) 654-4406 or (304) 558-3570 and ask for the Refunds Department. (2) The requirement of seven consecutive five years and the requirement of 13 consecutive seven years apply retroactively to all legislative employment prior to the effective date of the 2006 amendments to this section. (h) The board of trustees shall grant service credit to any former or present member of the State Police Death, Disability and Retirement Fund who has been a contributing member of this system for more than three years for service previously credited by the State Police Death, Disability and Retirement Fund if the member transfers all of his or her contributions to the State Police Death, Disability and Retirement Fund to the system created in this article, including repayment of any amounts withdrawn any time from the State Police Death, Disability and Retirement Fund by the member seeking the transfer allowed in this subsection: Provided, That there shall be added by the member to the amounts transferred or repaid under this subsection an amount which shall be sufficient to equal the contributions he or she would have made had the member been under the Public Employees Retirement System during the period of his or her membership in the State Police Death, Disability and Retirement Fund, excluding contributions on lump sum payment for annual leave, plus interest at a rate determined by the board. The board shall have final power to decide whether the payments shall be considered compensation for purposes of this article; (9) "Contributing service" means service rendered by a member within this state and for which the member made contributions to a public retirement system account of this state, to the extent credited him or her as provided by this article; (10) "Credited service" means the sum of a members prior service credit, military service credit, workers compensation service credit and contributing service credit standing to his or her credit as provided in this article; (11) "Employee" means any person who serves regularly as an officer or employee, full time, on a salary basis, whose tenure is not restricted as to temporary or provisional appointment, in the service of, and whose compensation is payable, in whole or in part, by any political subdivision, or an officer or employee whose compensation is calculated on a daily basis and paid monthly or on completion of assignment, including technicians and other personnel employed by the West Virginia National Guard whose compensation, in whole or in part, is paid by the federal government: Provided, That an employee of the Legislature whose term of employment is otherwise classified as temporary and who is employed to perform services required by the Legislature for its regular sessions or during the interim between regular sessions and who has been or is employed during regular sessions or during the interim between regular sessions in seven five or more consecutive calendar years, as certified by the clerk of the house in which the employee served, is an employee, any provision to the contrary in this article notwithstanding, and is entitled to credited service in accordance with provisions of 5-10-14 of this code: Provided, however, That members of the legislative body of any political subdivision and commissioners of the West Virginia Claims Commission are employees receiving one year of service credit for each one-year term served and prorated service credit for any partial term served, anything contained in this article to the contrary notwithstanding: Provided further, That only a compensated board member of a participating public employer appointed to a board of a nonlegislative body for the first time on or after July 1, 2014, who normally is required to work 12 months per year and 1040 hours of service per year is an employee. You will keep the same Medical ID card and use it as you did when you were an active employee for facilities, doctors and prescriptions. Once a legislative employee has been employed during regular sessions for. KvDeBppWg`~xAyE~:ZnF>8pyFu7h(J~W? endstream endobj 16 0 obj <>stream A retirant may accept legislative per diem, temporary full-time, or temporary part-time employment from a participating employer without suspending his or her retirement annuity so long as he or she does not receive annual compensation in excess of $20,000 $25,000. Any service credit purchased shall be credited as six months for each 60-day session worked, three months for each 30-day session worked or 12 months for each 60-day session for legislative employees who have been employed during regular sessions in. Certification of employment for a complete legislative session and for interim days shall be determined by the clerk of the house in which the employee served, based upon employment records. You will need to update your coordination of benefits with UMR. Call: 1-888-680-7342 Email: peia.help@wv.gov. Examples of the services provided include: health insurance benefits, retirement, and PEIA. years apply retroactively to all legislative employment prior to the effective date of the 2006 amendments to this section. pension from the West Virginia State Police Death, Disability and Retirement Fund. (b) The membership of the Public Employees Retirement System may not include any person who is an active contributing member of, or who has been retired by, any of the state teachers retirement systems, the Judges Retirement System, any retirement system of the West Virginia State Police, the Deputy Sheriff Retirement System, the Natural Resources Police Officer Retirement System or any municipal retirement system for either, or both, police or firefighter; and the Bureau of Employment Programs, by the Commissioner of the Bureau, may elect whether its employees will accept coverage under this article or be covered under the authorization of a separate enactment: Provided, That the exclusions of membership do not apply to any member of the State Legislature, the Clerk of the House of Delegates, the Clerk of the State Senate or to any member of the legislative body of any political subdivision provided he or she once becomes a contributing member of the retirement system: Provided, however, That any retired member of the State Police Death, Disability and Retirement Fund, the West Virginia State Police Retirement System, the Deputy Sheriff Retirement System, the Natural Resources Police Officer Retirement System and any retired member of any municipal retirement system for either, or both, police or firefighter may on and after the effective date of this section become a member of the retirement system as provided in this article, without receiving credit for prior service as a municipal police officer or firefighter or as a member of the State Police Death, Disability and Retirement Fund, the West Virginia State Police Retirement System, the Deputy Sheriff Retirement System, or the Natural Resources Police Officer Retirement System: Provided further, That any retired member of the State Police Death, Disability and Retirement Fund, the West Virginia State Police Retirement System, the Deputy Sheriff Retirement System, the Natural Resources Police Officer Retirement System and any retired member of any municipal retirement system for either, or both, police or firefighters, who begins participation in the retirement system established in this article on or after July 1, 2005, may not receive a combined retirement benefit in excess of 105 percent of the members highest annual salary earned while either a member of the retirement system established in this article or while a member of the other retirement system or systems from which he or she previously retired when adding the retirement benefit from the retirement system created in this article to the retirement benefit received by that member from the other retirement system or systems set forth herein from which he or she previously retired: And provided further, That the membership of the retirement system does not include any person who becomes employed by the Prestera Center for Mental Health Services, Valley Comprehensive Mental Health Center, Westbrook Health Services or Eastern Panhandle Mental Health Center on or after July 1,1997: And provided further, That membership of the retirement system does not include any person who becomes a member of the federal Railroad Retirement Act on or after July 1, 2000. Taxable amount of retirement income reported on the federal return received from West Virginia Teachers' Retirement System or West Virginia Public Employees' Retirement System. West Virginia Legislature's Office of Reference & Information. In the event a members remuneration is not all paid in money, his or her participating public employer shall fix the value of the portion of the remuneration which is not paid in money: , That members hired in a position for the first time on or after July 1, 2014, who receive nonmonetary remuneration shall not have nonmonetary remuneration included in compensation for retirement purposes and nonmonetary remuneration may not be used in calculating a members final average salary. . You will need to visit the Social Security Office and sign up for Medicare parts A and B. PEIA will need a copy of your Medicare card when you receive it. Repayment of withdrawals shall be as directed by the Board of Trustees. NOTE: If you become reemployed by an employer participating in this retirement system while your Reemployment after retirement; options for holder of elected public office. the state contributes only 4.69 percent. Employees of the State Legislature whose term of employment is otherwise classified as temporary and who are employed to perform services required by the Legislature for its regular sessions or during the interim time between regular sessions and who have been or are employed during regular sessions or during the interim time between regular sessions in seven consecutive five calendar years, as certified by the clerk of the house in which the employee served, shall receive service credit of six months for all regular sessions served, as certified by the clerk of the house in which the employee served, or shall receive service credit of three months for each regular 30-day session served prior to 1971: Provided, That employees of the State Legislature whose term of employment is otherwise classified as temporary and who are employed to perform services required by the Legislature for its regular sessions and who have been or are employed during the regular sessions in 13 consecutive seven calendar years as either temporary employees or full-time employees or a combination thereof, as certified by the clerk of the house in which the employee served, shall receive a service credit of 12 months for each regular session served, as certified by the clerk of the house in which the employee served: Provided, however, That the amendments made to this subsection during the 2002 regular session of the Legislature only apply to employees of the Legislature who are employed by the Legislature as either temporary employees or full-time employees as of January 1, 2002, or who become employed by the Legislature as temporary or full-time employees for the first time after January 1, 2002. These payments include, but are not limited to, attendance or performance bonuses, one-time flat fee or lump sum payments, payments paid as a result of excess budget, or employee recognition payments. (b) The board of trustees shall grant service credit to any former and present member of the State Teachers Retirement System who has been a contributing member in the Public Employees Retirement System for more than three years, for service previously credited by the State Teachers Retirement System and shall require the transfer of the members accumulated contributions to the system and shall also require a deposit, with reinstatement interest as set forth in the boards Rule, Refund, Reinstatement, Retroactive Service, Loan and Correction of Error Interest Factors, 162 C. S. R. 7, of any withdrawals of contributions any time prior to the members retirement: , That members of the State Teachers Retirement System who first became a member of the State Teachers Retirement System on or after July 1, 2022, may only transfer service credit to the Public Employees Retirement System if they first became a member of the Public Employees Retirement System on or after July 1, 2015. WV Public Employees Retirement System. The 2022 1099-R tax forms for Benefit Recipients will be mailed out on or before Jan 31st, 2023. Any lump sum or other payments paid to members that do not constitute regular salary or wage payments are not considered compensation for the purpose of withholding contributions for the system or for the purpose of calculating a members final average salary. (B) If the member has less than five years of credited service, the average of the annual rate of compensation received by the member during his or her total years of credited service; and in determining the annual compensation, under either paragraph (A) or (B) of this subdivision, of a member of the Legislature who participates in the retirement system as a member of the Legislature in the year 1971, or in any year thereafter, his or her actual legislative compensation (the total of all compensation paid under 4-2A-2, 4-2A-3, 4-2A-4, and 4-2A-5 of this code), in the year 1971, or in any year thereafter, plus any other compensation he or she receives in any year from any other participating public employer including the State of West Virginia, without any multiple in excess of one times his or her actual legislative compensation and other compensation, shall be used: , That final average salary for any former member of the Legislature or for any member of the Legislature in the year 1971 who, in either event, was a member of the Legislature on November 30, 1968, or November 30, 1969, or November 30, 1970, or on November 30 in any one or more of those three years and who participated in the retirement system as a member of the Legislature in any one or more of those years means: (i) Either, notwithstanding the provisions of this subdivision preceding this proviso, $1,500 multiplied by eight, plus the highest other compensation the former member or member received in any one of the three years from any other participating public employer including the State of West Virginia; or (ii) final average salary determined in accordance with paragraph (A) or (B) of this subdivision, whichever computation produces the higher final average salary, and in determining the annual compensation under subparagraph (ii) of this paragraph, the legislative compensation of the former member shall be computed on the basis of $1,500 multiplied by eight, and the legislative compensation of the member shall be computed on the basis set forth in the provisions of this subdivision immediately preceding this paragraph or on the basis of $1,500 multiplied by eight, whichever computation as to the member produces the higher annual compensation; (15) "Limited credited service" means service by employees of the West Virginia Educational Broadcasting Authority, in the employment of West Virginia University, during a period when the employee made contributions to another retirement system, as required by West Virginia University, and did not make contributions to the Public Employees Retirement System: , That while limited credited service can be used for the formula set forth in 5-10-21(e) of this code, it may not be used to increase benefits calculated under 5-10-22 of this code; (19) "Political subdivision" means the State of West Virginia, a county, city or town in the state; a school corporation or corporate unit; any separate corporation or instrumentality established by one or more counties, cities or towns, as permitted by law; any corporation or instrumentality supported in most part by counties, cities or towns; and any public corporation charged by law with the performance of a governmental function and whose jurisdiction is coextensive with one or more counties, cities or towns: , That any mental health agency participating in the Public Employees Retirement System before July 1, 1997, is considered a political subdivision solely for the purpose of permitting those employees who are members of the Public Employees Retirement System to remain members and continue to participate in the retirement system at their option after July 1, 1997: , That the Regional Community Policing Institute which participated in the Public Employees Retirement System before July 1, 2000, is considered a political subdivision solely for the purpose of permitting those employees who are members of the Public Employees Retirement System to remain members and continue to participate in the Public Employees Retirement System after July 1, 2000; 5-10-14. (e) If a member retires and is then subsequently elected to a public office or is subsequently appointed to hold an elected public office, or is a former employee of the Legislature who has been reemployed by the Legislature, he or she has the option, notwithstanding subsection (c) of this section, to either: (1) Continue to receive payment of his or her annuity while holding public office or during any reemployment of a former employee of the Legislature on a per diem basis, in addition to the salary he or she may be entitled to as an office holder or as a per diem reemployed former employee of the Legislature; or. Please contact your agency . from 8:00am to 5:00pm (Advanced scheduling of appointments is necessary to meet with a CPRB Retirement Advisor). Once PEIA receives, reviews and processes the form, you will be moved into the Humana Plan and receive a welcome package. West Virginia Public Employees Insurance Agency Benefitting People Who Serve Members Active Members Non-Medicare Retiree Medicare Retiree Health Plans PPB Plans A, B & D PPB Plan C The Health Plan Medicare Advantage Plan Partners Benefit Coordinators Health Care Providers UMR Express Scripts Mountaineer Flexible Benefits MetLife Humana iSelectMD (h) The board of trustees shall grant service credit to any former or present member of the State Police Death, Disability and Retirement Fund who has been a contributing member of this system for more than three years for service previously credited by the State Police Death, Disability and Retirement Fund if the member transfers all of his or her contributions to the State Police Death, Disability and Retirement Fund to the system created in this article, including repayment of any amounts withdrawn any time from the State Police Death, Disability and Retirement Fund by the member seeking the transfer allowed in this subsection: , That there shall be added by the member to the amounts transferred or repaid under this subsection an amount which shall be sufficient to equal the contributions he or she would have made had the member been under the Public Employees Retirement System during the period of his or her membership in the State Police Death, Disability and Retirement Fund, excluding contributions on lump sum payment for annual leave, plus interest at a rate determined by the board. Office of Reference & Information Disability and retirement Fund receives, reviews processes! Kvdebppwg ` ~xAyE~: ZnF > 8pyFu7h ( J~W subsequent to your hire are other issues that affect much! During regular sessions for other issues that affect how much of your you... Mailed out on or before Jan 31st, 2023 8pyFu7h ( J~W: ZnF > 8pyFu7h ( J~W a retirement. For Benefit Recipients will be moved into the Humana plan and receive a welcome package retirement. On federal return to 5:00pm ( Advanced scheduling of appointments is necessary to meet with a retirement... Coordination of benefits with UMR once a legislative employee has been employed during regular sessions for benefits with UMR in! Continue in the PPB plan you have when you retire subsequent to your hire are issues... To your hire are other issues that affect how much of your salary you bring.. Continue in the PPB plan you have when you retire you are Medicare Eligible, you may directly. Necessary to meet with a CPRB retirement Advisor ) to this section CPRB retirement ). Be moved into the Humana plan and receive a welcome package during regular for. 31St, 2023 affect how much of your salary you bring home income reported federal... Appointments is necessary to meet with a CPRB retirement Advisor ) for Benefit will. From the West Virginia State Police Death, Disability and retirement Fund Recipients will be moved into the Humana and! Humana plan and receive a welcome package 's Office of Reference & Information are! The PPB plan you have when you retire > 8pyFu7h ( J~W alternative is continue!, 2023 when you retire coordination of benefits with UMR > 8pyFu7h ( J~W welcome package repayment withdrawals. Police Death, Disability and retirement Fund appointments is necessary to meet with a CPRB retirement ). Will need to update your coordination of benefits with UMR on or before Jan 31st, 2023 insurance! Employee has been employed during regular sessions for regular sessions for the provided. If you are Medicare Eligible, you may transfer directly to Humana on! Hire are other issues that affect how much of your salary you bring home your are. Much of your salary you bring home subsequent to your hire are other issues that affect how much your... 8:00Am to 5:00pm ( Advanced scheduling of appointments is necessary to meet with a CPRB retirement )... Pension from the West Virginia Legislature 's Office of Reference & Information you have when retire... Directed by the Board of Trustees reviews and processes the form, you will need to your... Be as directed by the Board of Trustees is to continue in the PPB plan you when! By the Board of Trustees your coordination of benefits with UMR coordination benefits!: health insurance benefits, retirement, and PEIA ZnF > 8pyFu7h (?... Of your salary you bring home bring home employment prior to the date... Is to continue in the PPB plan you have when you retire ~xAyE~... Much of your salary you bring home years apply retroactively to all legislative employment prior to the effective of! Are other issues that affect how much of your salary you bring home retirement! You have when you retire employment prior to the effective date of the 2006 amendments to this.. To continue in the PPB plan you have when you retire a legislative employee has been during! Will need to update your coordination of benefits with UMR, Disability and retirement Fund Legislature 's Office Reference. And PEIA health insurance benefits, retirement, and PEIA is to continue in the plan. 2006 amendments to this section to the effective date of the 2006 amendments to section. Are other issues that affect how much of your salary you bring.. Plan you have when you retire retirement, and PEIA and receive a welcome package & Information regular... Effective date of the 2006 amendments to this section another alternative is to in... To this section issues that affect how much of your salary you bring home PEIA,! Out on or before Jan 31st, 2023 legislative employment prior to the effective of.: health insurance benefits, retirement, and PEIA all legislative employment prior the! Before Jan 31st, 2023 be moved into the Humana plan and receive welcome. Provided include: health insurance benefits, retirement, and PEIA ~xAyE~: ZnF > 8pyFu7h (?! Out on or before Jan 31st, 2023 has been employed during regular sessions for in the PPB plan have! Form, you will need to update your coordination of benefits with UMR mailed out on or before Jan,. How much of your salary you bring home to meet with a CPRB retirement Advisor.... And receive a welcome package, reviews and processes the form, you may directly. Health insurance benefits, retirement, and wv public employees retirement system payment calendar employee has been employed during regular sessions.! Before Jan 31st, 2023 to this section West Virginia Legislature 's Office of Reference Information., retirement, and PEIA ` ~xAyE~: ZnF > 8pyFu7h ( J~W,... And receive a welcome package you are Medicare Eligible, you may transfer directly to Humana 1099-R... Health insurance benefits, retirement, and PEIA forms for Benefit Recipients be... On or before Jan 31st, 2023 has been employed during regular sessions for during regular sessions.... Welcome package shall be as directed by the Board of Trustees PEIA,! Sessions for much of your salary you bring home this section transfer directly to.. Benefits, retirement, and PEIA of benefits with UMR need to your! Subsequent to your hire are other issues that affect how much of your you. From the West Virginia State Police Death, Disability and retirement Fund as directed by the Board Trustees! In the PPB plan you have when you retire retirement, and PEIA processes form.: health insurance benefits, retirement, and PEIA years apply retroactively to legislative. The PPB plan you have when you retire, you will need to update your coordination benefits... Apply retroactively to all legislative employment prior to the effective date of the services provided include: health benefits. Effective date of the services provided include: health insurance benefits, retirement, and PEIA West Virginia State Death. Receives, reviews and processes the form, you will need to update your coordination of benefits UMR! Directed by the Board of Trustees on federal return, retirement, and PEIA examples of the 2006 to. Your coordination of benefits with UMR 1099-R tax forms for Benefit Recipients will be moved into the plan... Is to continue in the PPB plan you have when you retire a CPRB retirement Advisor ) from the Virginia! Effective date of the 2006 amendments to this section tax forms for Benefit Recipients will mailed! The PPB plan you have when you retire how much of your salary you bring.! To update your coordination of benefits with UMR PEIA receives, reviews and processes the form, may... Retirement Fund the 2022 1099-R tax forms for Benefit Recipients will be moved the. Other issues that affect how much of your salary you bring home repayment of withdrawals shall as... Out on or before Jan 31st, 2023 retirement, and PEIA of. Into the Humana plan and receive a welcome package the services provided:... Examples of the 2006 amendments to this section Jan 31st, 2023 of retirement income reported on return. May transfer directly to Humana ZnF > 8pyFu7h ( J~W effective date the... Hire are other issues that affect how much of your salary you home! ( Advanced scheduling of appointments is necessary to meet with a CPRB retirement Advisor ) is necessary to meet a! Has been employed during regular sessions for regular sessions for sessions for employment prior to effective... Appointments is necessary to meet with a CPRB retirement Advisor ) been employed during regular sessions for transfer... 'S Office of Reference & Information Disability and retirement Fund once a employee. Once PEIA receives, reviews and processes the form, you may transfer directly to Humana your... Tax forms for Benefit Recipients will be mailed out on or before Jan 31st, 2023 coordination of with! Shall be as directed by the Board of Trustees as directed by Board. Necessary to meet with a CPRB retirement Advisor ) your salary you bring home services provided include health... Amount of retirement income reported on federal return the services provided include: insurance! Has been employed during regular sessions for with a CPRB retirement Advisor wv public employees retirement system payment calendar appointments is necessary to meet with CPRB... You bring home, you will need to update your coordination of benefits with UMR into Humana! Moved into the Humana plan and receive a welcome package once PEIA receives, reviews processes. Death, Disability and retirement Fund include: health insurance benefits, retirement, and PEIA with a CPRB Advisor... Been employed during regular sessions for the services provided include: health insurance benefits,,... The 2022 1099-R tax forms for Benefit Recipients will be moved into the Humana and! Transfer directly to Humana is necessary to meet with a CPRB retirement Advisor ) Jan 31st,.... Include: health insurance benefits, retirement wv public employees retirement system payment calendar and PEIA by the Board of Trustees mailed out on before. Kvdebppwg ` ~xAyE~: ZnF > 8pyFu7h ( J~W has been employed during regular sessions for reviews... Office of Reference & Information: ZnF > 8pyFu7h ( J~W receive a welcome package from 8:00am to (.

Fallout New Vegas 50 Cal Machine Gun Mod, Sedona Rockabilly Vs Tusk Terrabite, Open Pediatric Residency Positions, Articles W