WEST VIRGINIA CODE
WVC 5 - 10 - 22 K
§5-10-22k. One-time bonus payment for certain annuitants effective
July 1, 2011.
(a) As an additional bonus payment to other retirement
allowances provided, a one-time bonus payment to retirement
benefits shall be paid to retirants of the system as provided in
subsection (b) of this section. The one-time bonus payment shall
equal $1,200 and shall be paid on July 27, 2011.
(b) The one-time bonus payment provided by this section
applies to any retirant with at least twenty years of credited
service who currently receives an annual retirement annuity of not
more than $7,200. This bonus payment is subject to any applicable
limitations under section 415 of the Internal Revenue Code of 1986,
(c) The one-time bonus payment provided by this section shall
be payable pro rata to any beneficiaries of a qualifying retirant
who currently receive an annuity or other benefit payable by the
Note: WV Code updated with legislation passed through the 2015 Regular Session
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