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WV SB1013
Bill
Status
Introduced
2/19/2026
Primary Sponsor
Robbie Morris
Click for details
AI Summary
- Municipal police and firefighters in plans overseen by the Municipal Pensions Oversight Board may convert accrued annual or sick leave into credited retirement service at a rate of 20 days per month of credit
- Accrued leave converted to service credit cannot count toward the initial 20-year service requirement for retirement eligibility
- The additional retirement benefit from converted leave is limited to 1% of the member's average annual salary per year of credited service gained
- Combined benefit increases from extra service years (beyond 20) and converted leave cannot exceed 10% above the base 60% retirement benefit (70% maximum from these sources)
- Total retirement benefits from all sources remain capped at 75% of average annual salary
Legislative Description
Allowing certain municipal plan participants to use accrued leave toward credited service upon retirement
Municipalities
Last Action
To Pensions
2/19/2026
Committee Referrals
Pensions2/19/2026
Full Bill Text
No bill text available