WEST virginia legislature
2016 regular session
Introduced
Senate Bill 164
By Senator Maynard
[Introduced January 13, 2016;
Referred to the Committee on Pensions; and then to the Committee on the
Judiciary.]
A BILL to amend and reenact article 2, chapter 64 of the Code of West Virginia, 1931, as amended, relating to authorizing the Consolidated Public Retirement Board to promulgate a legislative rule relating to the Teachers’ Defined Contribution Retirement System.
Be it enacted by the Legislature of West Virginia:
That article 2, chapter 64 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:
ARTICLE 2. Authorization for department of administration to promulgate legislative rules.
§64-2-1. Consolidated Public Retirement Board.
The legislative rule filed in the State Register on July 28, 2015, authorized under the authority of section one, article ten-d, chapter five, of this code, modified by the Consolidated Public Retirement Board to meet the objections of the Legislative Rule-making Review Committee and refiled in the State Register on September 22, 2015, relating to the Consolidated Public Retirement Board (Teachers’ Defined Contribution Retirement System, 162 CSR 3), is authorized.
NOTE: The purpose of this bill is to authorize the Consolidated Public Retirement Board to promulgate a legislative rule relating to the Teachers’ Defined Contribution Retirement System.
This section is new; therefore, strike-throughs and underscoring have been omitted.