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Senate pensions panel advances bill allowing contracted agency lawyers to buy PERS service credit
Summary
The Senate Pensions Committee voted to report Senate Bill 872 to the full West Virginia Senate with a recommendation that it pass, sending the measure first to the Finance Committee.
The Senate Pensions Committee voted to report Senate Bill 872 to the full West Virginia Senate with a recommendation that it pass, and under its double-reference rules the bill will first go to the Finance Committee. The motion passed on a voice vote after an amendment was added to clarify who qualifies.
The bill would add a section to the retroactive provisions of the West Virginia Public Employees Retirement Act to allow certain contracted general counsel for executive agencies who were previously disallowed from participating in the Public Employees Retirement System (PERS) to buy back years of service. Counsel told the committee that affected individuals would be required to pay missed employee contributions for the years in question and that…
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