§20-18-1. Short Title
This article is known and may be cited as the “West Virginia Natural Resources Police Officers Retirement System Act.”
§20-18-10. Transfer From Public Employees Retirement System
(a) The Consolidated Public Retirement Board shall, within 90 days of the effective date transfer assets from the Public Employees Retirement System trust fund into the West Virginia Natural Resources Police Officers Retirement trust fund. (b) The amount of assets to be transferred for each transferring Natural Resources Police Officer shall be computed as of […]
§20-18-11. Notice Requirements
(a) The Division of Natural Resources shall prepare a written notice no later than August 1, 2020, to be delivered to each Natural Resources Police Officer actively employed by the division: Provided, That the division shall also deliver this notice on the first day of employment to any Natural Resources Police Officer hired after July […]
§20-18-12. Retirement; Commencement of Benefits
A member may retire and commence to receive retirement income payments on the first day of the calendar month following the boards receipt of the members voluntary written application for retirement or the required beginning date, if earlier. Before receiving retirement income payments, the member shall have ceased covered employment and reached normal retirement age. […]
§20-18-13. Federal Law Maximum Benefit Limitations
Notwithstanding any other provision of this article or state law, the board shall administer the retirement system in compliance with the limitations of Section 415 of the Internal Revenue Code and regulations under that section, to the extent applicable to governmental plans (hereafter sometimes referred to as the “415 limitation(s)” or “415 dollar limitation(s)”), so […]
§20-18-14. Federal Law Minimum Required Distributions
The requirements of this section apply to any distribution of a members or beneficiarys interest and take precedence over any inconsistent provisions of this plan. This section applies to plan years beginning after December 31, 1986. Notwithstanding anything in the plan to the contrary, the payment of benefits under this article shall be determined and […]
§20-18-15. Direct Rollovers
Except where otherwise stated, this section applies to distributions made on or after January 1, 1993. Notwithstanding any provision of this article to the contrary that would otherwise limit a distributees election under this plan, a distributee may elect, at the time and in the manner prescribed by the board, to have any portion of […]
§20-18-16. Rollovers and Transfers to Purchase Service Credit or Repay Withdrawn Contributions
(a) This section applies to rollovers and transfers as specified in this section made on or after January 1, 2002. Notwithstanding any provision of this article to the contrary that would otherwise prohibit or limit rollovers and plan transfers to this system, the retirement system shall accept the following rollovers and plan transfers on behalf […]
§20-18-17. Conversion of Annual and Sick Leave Authorized for Health or Retirement Benefits
(a) Any member, who was a member of the Public Employee Retirement System prior to July 1, 2015, and who elected to become a member of this plan pursuant to 20-18-6 of this code and who has accrued annual leave or sick leave days with the division may elect to use the days at the […]
§20-18-18. Retirement Benefits
This section provides for a members accrued benefit payable starting at the members annuity starting date which follows the completion of a written application for the commencement of benefits. The member shall receive the accrued retirement benefit in the normal form or in an actuarial equivalent amount in an optional form as provided under 20-18-19 […]
§20-18-19. Annuity Options
(a) Prior to the effective date of retirement, but not thereafter, except as provided in subsection (c) of this section, a member may elect to receive retirement income payments in the normal form, or the actuarial equivalent of the normal form from the following options: (1) Joint and Survivor Annuity. A life annuity payable during […]
§20-18-2. Definitions
As used in this article, unless a federal law or regulation or the context clearly requires a different meaning: (a) “Accrued benefit” means on behalf of any member two and one-quarter percent of the members final average salary multiplied by the members years of credited service: Provided, That members who retire after July 1, 2025, […]
§20-18-20. Refunds to Certain Members Upon Discharge or Resignation; Deferred Retirement; Preretirement Death; Forfeitures
(a) Any member who terminates covered employment and is not eligible to receive disability or retirement income benefits under this article is, by written request filed with the board, entitled to receive from the fund the members accumulated contributions. Except as provided in subsection (b) of this section, upon withdrawal the member shall forfeit his […]
§20-18-21. Awards and Benefits for Disability Duty Related
(a) Any member who after the effective date of this article and during covered employment: (1) Has been or becomes either totally or partially disabled by injury, illness or disease; and (2) the disability is a result of an occupational risk or hazard inherent in or peculiar to the services required of members; or (3) […]
§20-18-22. Awards and Benefits for Disability Due to Other Causes
(a) Any member with ten or more years of contributing service and who after the effective date of this article and during covered employment: (1) Has been or becomes totally or partially disabled from any cause other than those set forth in 20-18-21 of this code and not due to vicious habits, intemperance, or willful […]
§20-18-23. Awards and Benefits for Disability Physical Examinations; Termination of Disability
(a) The board may require any member who has applied for or any retirant who is receiving disability benefits under this article to submit to a physical examination, mental examination or both, by a physician or physicians selected or approved by the board and may cause all costs incident to the examination and approved by […]
§20-18-24. Prior Disability
Any Natural Resources Police Officer who became totally disabled as a result of illness or injury incurred in the line of duty prior to the effective date of this article may not be a member of the Natural Resources Police Officer Retirement System.
§20-18-25. Awards and Benefits to Surviving Spouse When Member Dies in Performance of Duty, etc.
(a) The surviving spouse of any member who, after the effective date of this article while in covered employment, has died or dies by reason of injury, illness or disease resulting from an occupational risk or hazard inherent in or peculiar to the service required of members, while the member was or is engaged in […]
§20-18-26. Awards and Benefits to Surviving Spouse When Member Dies From Nonservice-Connected Causes
(a) In any case where a member who has been a member for at least 10 years, while in covered employment after the effective date of this article, has died or dies from any cause other than those specified in 20-18-25 of this code, and not due to vicious habits, intemperance, or willful misconduct on […]
§20-18-27. Additional Death Benefits and Scholarships – Dependent Children
(a) In addition to the spouse death benefits in 20-18-25 and 20-18-26 of this code, the surviving spouse is entitled to receive and there shall be paid to the spouse $100 monthly for each dependent child. (b) If the surviving spouse dies while receiving death benefits provided in 20-18-25 or 20-18-26 of this code, or […]