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WV SB149

Bill

Status

Introduced

1/14/2026

Primary Sponsor

Mike Oliverio

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • General counsel contracted by executive branch agencies for 10 or more consecutive calendar years to perform legal services may purchase retroactive service credit in the Public Employees Retirement System (PERS) for time served in that capacity

  • The contracted counsel must pay the employee's share of contributions while the employing agency pays the employer's share for the purchased service credit

  • No interest or penalty applies to these purchases when the individual was not eligible for membership during the years being purchased or would have had contributions refused by the board

  • Maximum of one year of service credit may be credited for all service rendered in any calendar year

  • All retroactive service credit purchased under this provision must be paid in full within 24 months of termination of employment or contractual obligation with the agency

Legislative Description

Allowing certain contracted counsel for executive agencies to purchase years of service in PERS

Retirement

Last Action

To Finance

2/17/2026

Committee Referrals

Finance2/17/2026
Pensions1/14/2026

Full Bill Text

No bill text available