summary
Introduced
02/02/2026
02/02/2026
In Committee
02/02/2026
02/02/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
The purpose of this bill is to modify the lowering of the age of retirants from the West Virginia State Police Retirement System that are eligible to receive an annual annuity adjustment.
AI Summary
This bill modifies the West Virginia State Police Retirement System by lowering the age at which retirants are eligible to receive an annual annuity adjustment, which is an increase to their retirement payments. Specifically, it changes the requirement from being sixty-three years of age or older to being 55 years of age or older to qualify for a one percent annual increase on their retirement award. This adjustment is intended to supplement existing retirement benefits and is paid out from the retirement fund in equal monthly installments, beginning on July 1st of each year, with specific provisions for pro-rata shares if a retirant or surviving spouse has been receiving benefits for less than a full year.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
To House Finance (on 02/02/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=5046&year=2026&sessiontype=RS&btype=bill |
| Fiscal Note - State Police, WV | http://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=955198014 |
| BillText | http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb5046%20intr.htm&yr=2026&sesstype=RS&i=5046 |
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