SB650 HFIN AMT
Com. Sub. for S. B. 650 -- "A BILL to amend and reenact
§16-5V-2, §16-5V-6, §16-5V-8, §16-5V-9, §16-5V-14, §16-5V-18,
§16-5V-19, §16-5V-25 and §16-5V-32 of the Code of West Virginia,
1931, as amended, all relating to the Emergency Medical Services
Retirement System; adding and modifying definitions; specifying
that members hired after the effective date of this plan are
members of the plan as a condition of employment; clarifying
language relating to the participation of public employers in this
plan; clarifying language relating to the transfer of Public
Employees Retirement System service credit and reinstatement of
service as an emergency medical services officer; specifying the
date on which contributions are due the fund and providing for
delinquency fees for late payments; clarifying language relating to
purchase of prior service and providing for delinquency fees for
late payments; eliminating minimum required eligible direct
rollover distributions paid directly to an eligible retirement
plan; allowing distributions totaling less than two hundred dollars
within the definition of eligible rollover distribution; clarifying
the language relating to the benefit awarded for a duty disability;
adding provisions for the payment of additional death benefits;
clarifying language relating to the effective date for receipt of
a duty disability benefit; and making a correction to the time
period for which the Joint Committee on Government and Finance shall conduct an interim study on the potential effects of the
implementation of this plan."