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WV SB127
Bill
Status
Introduced
1/14/2026
Primary Sponsor
Mike Woelfel
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AI Summary
- Provides a one-time $1,000 cost-of-living adjustment to retirees of the Public Employees Retirement System (PERS) and the State Teachers Retirement System
- Applies to any retiree currently receiving an annual retirement annuity from either system
- Requires the full $1,000 payment to be made by June 30, 2026
- Provides pro rata distribution of the cost-of-living adjustment to beneficiaries of qualifying retirees who currently receive annuity payments
- Subject to applicable limitations under Section 415 of the Internal Revenue Code of 1986
Legislative Description
Providing cost-of-living adjustment for certain PERS and State Teachers Retirement System retirees
Retirement
Last Action
To Pensions
1/14/2026
Committee Referrals
Pensions1/14/2026
Full Bill Text
No bill text available