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Senate Bill No. 313
(By Senators Ross, Anderson, Minard,
Snyder, Unger and Minear)
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[Introduced March 2, 2001; referred to the
Committee on Pensions; then to the
Committee on Finance;
and then
to the Committee on the Judiciary.]
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A BILL to amend and reenact section three, article two, chapter
sixty-four of the code of West Virginia, one thousand nine
hundred thirty-one, as amended, relating to authorizing the
consolidated public retirement board to promulgate a
legislative rule relating to the teachers' defined benefit
plan.
Be it enacted by the Legislature of West Virginia:
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That section three, article two, chapter sixty-four of the
code of West Virginia, one thousand nine hundred thirty-one, as
amended, be amended and reenacted to read as follows:
ARTICLE 2. AUTHORIZATION FOR DEPARTMENT OF ADMINISTRATION TO
PROMULGATE LEGISLATIVE RULES.
§64-2-3. Consolidated public retirement board.
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(a) The legislative rule filed in the state register on the
twenty-second day of July, one thousand nine hundred ninety-nine,
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 the twenty-eighth day of
October, one thousand nine hundred ninety-nine, relating to the
consolidated public retirement board (general provisions, 162 CSR
1), is authorized.
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(b) The legislative rule filed in the state register on the
twenty-second day of July, one thousand nine hundred ninety-nine,
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 the twenty-eighth day of
October, one thousand nine hundred ninety-nine, relating to the
consolidated public retirement board (teachers' defined
contribution system, 162 CSR 3), is authorized.
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(c) The legislative rule filed in the state register on the
twenty-second first day of July, one thousand nine hundred
ninety-nine September, two thousand, 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 the twenty-eighth fourteenth day of October, one
thousand nine hundred ninety-nine December, two thousand, relating
to the consolidated public retirement board (teachers' defined
benefit plan, 162 CSR 4), is authorized.
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(d) The legislative rule filed in the state register on the
twenty-second day of July, one thousand nine hundred ninety-nine,
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 the twenty-eighth day of October, one thousand nine hundred ninety-nine, relating to the
consolidated public retirement board (public employees retirement
system, 162 CSR 5), is authorized.
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(e) The legislative rule filed in the state register on the
third day of August, one thousand nine hundred ninety-nine, 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 the twenty-eighth day of October,
one thousand nine hundred ninety-nine, relating to the consolidated
public retirement board (refund, reinstatement and loan interest
factors, 162 CSR 7), is authorized.
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NOTE: The purpose of this bill is to authorize the
Consolidated Public Retirement Board to promulgate a legislative
rule relating to the Teachers' Defined Benefit Plan.
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Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.