§5-10-32. Appropriations for state contributions to retirement system; contributions for members paid from special funds or by other employers


Published: 2015

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WEST VIRGINIA CODE











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WVC 5-10-32

§5-10-32. Appropriations for state contributions to retirement

system; contributions for members paid from special

funds or by other employers.

(a) At least thirty days prior to each regular session of the

Legislature, the board of trustees shall certify to the governor

the contributions, determined according to section thirty-one

hereof, to be made by the state to the retirement system for the

next following fiscal year; the said contributions to be based upon

the state's total payroll for the preceding twelve calendar months.

The amounts so ascertained shall be included in the appropriation

bill to be submitted to the Legislature. In the event the state's

contributions for the fiscal year are less than they would have

been based upon the state's actual payroll for the fiscal year, the

amount of the insufficiency shall be included in the appropriation

bill for the next following fiscal year. The said contributions

shall be paid to the retirement system quarterly and when paid

shall be credited to the employers accumulation fund.

(b) In the case of any member whose compensation is paid out

of moneys derived in whole or in part out of any special fund, or

from any source other than the state, then contributions on behalf

of such member in any year shall be paid out of such special fund

or by such other source in proportion to that part of the member's

compensation derived therefrom for that year. The governing body of

each participating public employer is hereby authorized to make

such contributions from funds of the participating public employer as shall be necessary to pay its proportionate share of

contributions on account of each state employee whose compensation

is paid by such participating public employer.





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

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