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WV SB930

WV SB930
Raising cost of living increase for certain municipal employees


summary

Introduced
02/12/2026
In Committee
02/12/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to raise the cost-of-living increase from the first $15,000 to the first $45,000 for supplemental pension benefits for municipal police, firefighters, employees of waterworks systems, sewage systems, or combined waterworks/sewage systems.

AI Summary

This bill increases the amount of a municipal employee's supplemental pension benefit that is eligible for a cost-of-living adjustment, also known as a supplemental benefit, from the first $15,000 of their annual benefit to the first $45,000. This applies to retirees, surviving beneficiaries, and those receiving disability pensions from municipal police, firefighters, and employees of waterworks or sewage systems. The supplemental benefit is an annual increase based on the rise in the consumer price index, calculated by the U.S. Department of Labor's Bureau of Statistics, with a cap of 4% per year, though this cap can be waived under certain conditions to ensure the benefit keeps pace with inflation. This change aims to provide a more substantial cost-of-living increase for these specific municipal workers.

Committee Categories

Labor and Employment

Sponsors (7)

Last Action

To Pensions (on 02/12/2026)

bill text


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