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WV SB127

Bill

Status

Introduced

1/14/2026

Primary Sponsor

Mike Woelfel

Click for details

Origin

Senate

2026 Regular Session

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