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WV HB4514

WV HB4514
Modify determination of high 3 years for Sheriff’s Retirement System


summary

Introduced
01/19/2026
In Committee
01/19/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to compute the final average salary of a member of the West Virginia Deputy Sheriff Retirement Fund based on the average of the highest annual compensation received for covered employment by the member in any three plan years within the member’s last 10 years of service. Current law is based on five consecutive year.

AI Summary

This bill modifies how a deputy sheriff's retirement benefits are calculated by changing the definition of "final average salary" within the West Virginia Deputy Sheriff Retirement Fund. Previously, this average was based on the highest five consecutive years of a member's compensation. The bill amends this to calculate the final average salary based on the average of the highest annual compensation received for covered employment by the member in any three plan years within their last 10 years of service. This change aims to provide a more current reflection of a deputy sheriff's earning potential when determining their retirement income.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

To House Finance (on 01/19/2026)

bill text


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