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WV HB2582

Bill

Status

Introduced

2/18/2025

Primary Sponsor

Charles Sheedy

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Origin

House of Delegates

2025 Regular Session

AI Summary

  • Restores the "Rule of 80" for West Virginia Public Employees Retirement System members, allowing retirement with full pension benefits when a member's age plus years of contributing service equals or exceeds 80

  • Requires a minimum of 20 years of contributing service to qualify, with up to two years of military service or prior service counting toward the total

  • Applies to active, contributing members who select one of the early retirement incentive options established in the original 1988 temporary early retirement incentives program

  • Removes language that previously terminated the Rule of 80 benefit on June 30, 1989, effectively making it a permanent retirement option

  • Makes minor technical corrections replacing "shall" with "may" throughout the statute

Legislative Description

Restoring the Rule of 80 for all State Employees.

State Personnel

Last Action

To House Finance

2/18/2025

Committee Referrals

Finance2/18/2025

Full Bill Text

No bill text available