ENROLLED
H. B. 4737
(By Delegates Romine, Poling, Stemple, Williams,
Renner, Fragale and PaxtonSPONSOR)
[Passed March 12, 2004; in effect ninety days from passage.]
AN ACT to amend and reenact §18-7A-14bBill Title of the code of West
Virginia, 1931, as amended, relating to providing options for
members of teachers retirement to make contributions for
periods of temporary total disability. Title Language
Be it enacted by the Legislature of West Virginia:
That §18-7A-14bEnacting Section of the code of West Virginia, 1931, as
amended, be amended and reenacted to read as follows:
ARTICLE 7A. STATE TEACHERS RETIREMENT SYSTEM.
§18-7A-14b. Members' option to make contributions for periods of
temporary total disability.
Any member who was absent from work while receiving temporary
total disability benefits pursuant to the provisions of chapter
twenty-three of this code as a result of a compensable injury
received in the course of and as a result of his or her employment
with the covered employer, may purchase credited service for that time period or those time periods the member was absent from work
as a result of a compensable injury and receiving temporary total
disability benefits: Provided, That the member returned to work
with his or her covered employer within one year following the
cessation of temporary total disability benefits. The member
desiring to purchase such credited service may do so only by lump
sum payment from personal funds within two years of the end of the
disability period for which credit is sought to be purchased:
Provided, however, That in order to purchase such service credit,
the member shall pay to the board his or her regular contribution
and an equal amount that represents the employer's contribution,
based on the salary the member was receiving immediately prior to
having sustained such compensable injury: Provided further, That
the member purchasing service credit under the provisions of this
section may not be charged interest. The maximum number of years
of service credit that may be purchased under this section shall
not exceed two: And provided further, That each year purchased
under this section shall count as a year of experience for purposes
of the increment set forth in section two or section eight-a,
article four, chapter eighteen-a of this code, as applicable.
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