WV HB2705

Allows teachers who first became members of the Teachers Retirement System on or after July 1, 2015 (Tier II members) to convert accrued annual and sick leave into retirement service credit

Conversion rate is one day of retirement service credit for every two days of accrued annual and sick leave

Additional credited service from leave conversion cannot be used to meet initial eligibility requirements for retirement, only to increase benefits after eligibility is established

Modifies existing law that previously prohibited Tier II teachers from applying accrued leave toward retirement service credit