H. B. 4737
(By Delegates Romine, Poling, Stemple, Williams,
Renner, Fragale and PaxtonSPONSOR)
(Originating inDATE the
Committee on Education)
[February 27, 2004]
A BILL 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, during the time period beginning the
first day of January, one thousand nine hundred eighty-eight and the thirty-first day of December, one thousand nine hundred
ninety-eight, 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 date of the of the end
of the one hundred four week period: Provided, however, That the
purchase of service credit pursuant to the provisions of this
section shall be completed between the time period beginning the
first day of July, two thousand three and ending the thirtieth day
of June, two thousand four: Provided, further 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: And 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
five 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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