§5-10B-3a. Automatic enrollment

Published: 2015

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WVC 5 - 10 B- 3 A

§5-10B-3a. Automatic enrollment.

(a) Every state employee commencing work on and after the

first day of July, two thousand seven, shall have a minimum of ten

dollars per pay period of his or her salary deferred to the state

deferred compensation plan unless the state employee provides

written notice declining to participate in accordance with the

Treasurer's guidelines. A state employee may change the

contribution amount or cease participating at any time. An

employee declining participation in the state deferred compensation

plan may elect to participate at a later time.

(b) A political subdivision may establish an automatic

enrollment program in a deferred compensation plan pursuant to this

article. A political subdivision employee may elect to not

participate in the deferred compensation plan at any time and to

change the contribution amount.

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

The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.