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Enrolled Version - Final Version House Bill 4634 History

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ENROLLED

H. B. 4634


(By Delegate Smith)



[Passed March 14, 1998; in effect July 1, 1998.]



AN ACT to amend and reenact article ten-d, chapter five of the code of West Virginia, one thousand nine hundred thirty-one, as amended, by adding thereto a new section, designated section six, relating to requiring spousal consent for election of straight life annuity.

Be it enacted by the Legislature of West Virginia:
That article ten-d, chapter five of the code of West Virginia, one thousand nine hundred thirty-one, as amended, be amended and reenacted by adding thereto a new section, designated section six, to read as follows:
ARTICLE 10D. CONSOLIDATED PUBLIC RETIREMENT BOARD.
§5-10D-6. Spousal consent required for election of straight life annuity.
Under any retirement program administered by the consolidated public retirement board, no member may elect a straight life annuity without the written consent of his or her spouse.



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