§5-10-22i. One-time supplement for certain annuitants effective July 1, 2006


Published: 2015

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WVC 5 - 10 - 22 I

§5-10-22i. One-time supplement for certain annuitants effective

July 1, 2006.

(a) A one-time supplement to retirement benefits of three

percent, as determined by appropriation of the Legislature, shall

be provided to all retirees that are age seventy or older and have

been annuitants for at least five consecutive years as of the first

day of July, two thousand six, and beneficiaries of deceased

members who would have been at least seventy years of age or older

and have been annuitants for at least five consecutive years as of

the first day of July, two thousand six.

(b) The one-time supplement provided in this section applies

only to members who have retired at least five years prior to the

first day of July, two thousand six, or, if applicable, to

beneficiaries of deceased members who have been receiving benefits

under the retirement system at least five years prior to the first

day of July, two thousand six: Provided, That the supplement

provided herein is subject to any applicable limitations thereon

under Section 415 of the Internal Revenue Code of 1986, as amended.





Note: WV Code updated with legislation passed through the 2015 Regular Session

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