HOUSE CONCURRENT RESOLUTION NO. 51

(By Delegates Tucker, Varner, Shelton,

Stemple, Laird, J. Smith, Campbell, Jenkins,
Williams, Hubbard, Hall and Harrison)

Requesting the Joint Committee on Government and Finance to make a study of the costs and benefits of permitting members of municipal police and fire departments to retire after twenty- five years of service regardless of age.

Whereas, Municipal police and firefighters have requested legislation that would permit retirement after twenty-five years of service regardless of age; and
Whereas, The risks, pressures and physical demands on members of police and fire departments are unique to those professions and merit study of the request for alternative retirement provisions; and
Whereas, It is in the best interests of the participants in retirement funds that the financial integrity of the funds be maintained; and
Whereas, Retirement eligibility after twenty-five years without age restriction may have an adverse affect on the actuarial soundness of the affected pension funds; therefore, be it
Resolved by the Legislature of West Virginia:
That the Joint Committee on Government and Finance is requested to review, examine and study the feasibility of permitting members of police and fire departments to retire after twenty-five years of service regardless of age, and to make recommendations to the Legislature regarding the same; and, be it
Further Resolved, That the Joint Committee on Government and Finance report to the regular session of the Legislature, 2001, on its findings, conclusions and recommendations, together with drafts of any legislation necessary to effectuate its recommendations; and, be it
Further Resolved, That the expenses necessary to conduct this study, to prepare a report and to draft necessary legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.