SB532 H P&R AMT

Chakmakian 3260

The Committee on Pensions and Retirement moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

Com. Sub. for S. B. 532 -- “A Bill to amend the Code of West Virginia, 1931, as amended, by adding thereto a new section, designated §8-22-28a, relating to the distribution of the assets remaining in a municipal policemen’s or firemen’s pension and relief fund upon the death or disqualification of the last remaining retiree or beneficiary receiving benefits from the fund; providing for the use of the assets received by the municipality; and providing for the use of assets received by the Municipal Pensions Oversight Board.”

Adopted

Rejected