2022 WV Teacher of the Year; 2021 WV Teacher of the Year; 2020 WV Teacher of the Year; . 03. Advisor approximately six months prior to my anticipated date of retirement. FBMC Retiree Enrollment Forms* The purpose of this bill is to increase the maximum amount of money in a county's financial stabilization fund from 30 percent of the county's most recent general fund budget to 50 percent of that fund. To House Pensions & Retirement Committee. For more information contact the Social Security Administration at 1-800-772-1213 or online at www.ssa.gov orwww.medicare.gov. This ESTIMATE calculation, future salary, and years Examples of the servicesprovidedinclude: health insurance benefits, retirement, and PEIA. Note less than 12 month faculty hired after July 1, 2009 are not eligible for the retiree medical premium credits. Conversely, the most expensive are for those retirees with the fewest years of service and the employees and their dependents that are not eligible for Medicare. Bear in mind, if you are an actively working employee of WVSU and have PEIA coverage due to your active employment, PEIA will remain your primary coverage for yourself and any dependents you have covered by PEIA. Use of Title II Funds for Class Size Reduction, West Virginia Advisory Council for the Education of Exceptional Children, Section 504/Americans with Disabilities Act, Communities In Schools Monthly Newsletters Archive, Body Safety Education and Sexual Abuse Prevention Toolkit, West Virginia General Summative Assessment (3-8), West Virginia Alternate Summative Assessment (3-8 and 11), Lexile and Quantile Measures in West Virginia, Curriculum, Instruction and Child Assessment, Program Assessment and Continuous Quality Improvement, Classrooms, Collaboration and Partnerships, Funding, Collaborative Contracts, and Classroom Budgets, WV Leaders of Literacy Campaign for Grade Level Reading, Early Learning News, Research, and Partnerships, Induction, Mentoring and Professional Growth, Standardized Testing and Enrollment Requirements, Ideas for School Improvement for Non-accredited Schools, Accredited and Registered Non-Public Schools, Annual Competitions, Scholarships and Programs, Health Education Assessment Project (HEAP), West Virginia Schools of Diversion & Transition (WVSDT), West Virginia Schools for the Deaf and the Blind, Primary Election Day (When a Statewide primary election is held), General Election Day (When a Statewide general election is held). I acknowledge and agree that: 1). PO Box 2105. **Checks are issued on the Check Mailing date and payable on the Direct Deposit date. WV CPRB TRS Retirement Benefit Calculator Employment of substitute teachers; and employment of retired teachers as substitutes in areas of critical need and shortage. Finance Division, 2101 Washington Street East The TRS Retirement Benefit Calculator can be used to estimate your monthly retirement benefit for selected dates based on service and salary information you enter. 09/26/2023. Using Accrued Sick and Annual Leave to Extend Coverage upon Retirement* In addition, employees are offered the voluntary opportunity to participate in the West Virginia Retirement Plus Program, a supplemental retirement plan designed to provide an extra savings alternative for all State, county, city and other political subdivision employees. WV Dept of Administration Finance Division. 0000045022 00000 n The substitutes are not eligible for additional pension or other benefits paid to regularly employed employees and may not accrue seniority. Requests can be made online with TIAA, and WVSU can approve electronically. The purpose of this bill is to increase the West Virginia State Police retirement annuity from three to four percent. 12/26/2023. the Committee on Government Organization; and then to the Committee on Finance] A BILL to amend the Code of West Virginia, 1931, as amended, by adding there to a new section, designated 5-5-2a; to amend and . TRS staff. The WVDE grants military leave in accordance with the provisions of state law 15-1F-1 and under the Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA ). 0000054155 00000 n Employees are granted paid time off in observance of the following official holidays. Math Field Day 2023. An employee is eligible to receive up to 120 hours of paid leave for the donation of an adult kidney or portion of an adult liver, and up to 56 hours of paid leave for an adult bone marrow donation. The TRS Retirement Benefit Calculator can be used to estimate your monthly retirement benefit for selected dates based on service and salary information you enter. Pay Days Holiday/Pay Day Pay/Holiday Calendar Columbus Day Veteran's Day Thanksgiving Day Day After Thanksgiving Christmas Eve (Full Day) New Year's Eve (Full Day) October 11 June 21 New Year's Day Martin Luther King Day President's Day Memorial Day 2021 November 25 November 26 November 11 Holidays January 1 January 18 February 15 May 31 July 5 . WV State Employee Credit Union Application. If you wish to elect new or increased life insurance as a retired employee, you must enroll and submit medical information during the calendar month of retirement or the two following calendar months. Direct Deposit Schedule - nmpera.org 10 JANUARY 11 CREATED BY WV DIVISION OF PERSONNEL 24 -Thanksgiving Day 25 - Day after Thanksgiving GREEN = PAY DAYS PURPLE = HOLIDAYS 10 - Primary Election Day 11 - Veteran's Day 10 FEBRUARY 10 11.5 MARCH 11.5 The purpose of this bill is to raise the retirement rate for deputy sheriffs. West Virginia StateUniversity CANNOT provide termination confirmation until your employment has formally ended, and you are no longer an employee of WVSU. If an employee becomes disabled and is approved for Social Security Disability Income (SSDI), is not covered by the West Virginia State Teachers Retirement System (i.e., retirement is with TIAA-CREF or Great West) and has at least 10 years of service, the employee is eligible to retire as disabled. For retirees with direct deposit of their pension payments, PERA will release direct deposit benefit payments on the last working day of the month. Latest News. Z:~O 0000000916 00000 n The annual increment amount is $60 for each full year of qualifying service and is paid in July of each year. Contact: Retirement Benefits Contact: Electronic Payments Division Consolidated Public Retirement Board West Virginia State Auditor's Office 1.800.654.4406 1.800.500.4079 Time off (without loss of pay or charge to annual leave) is provided to eligible employees who, in response to a subpoena or direction by other proper authority, are called to jury duty or to appear as a witness before any court, judge, legislative committee, officer, board, or other body authorized by law to conduct hearings or inquiries. 18A-2-3. You may continue your basic, optional and dependent life insurance at the time of retirement. (G) Prior to employment of a retired teacher as a critical needs substitute teacher beyond the post-retirement employment limitations established by the Consolidated Public Retirement Board, the superintendent of the affected county submits to the state board in a form approved by the Consolidated Public Retirement Board and the state board, an affidavit signed by the superintendent stating the name of the county, the fact that the county has adopted a policy to employ retired teachers as substitutes to address areas of critical need and shortage, the name or names of the person or persons to be employed as a critical needs substitute pursuant to the policy, the critical need and shortage area position filled by each person, the date that the person gave notice to the county board of the persons intent to retire, and the effective date of the persons retirement. Step 6a 23 Final. Teachers Retirement System has no liability or Congratulations from PEIA on your retirement! (8) When a retired teacher is employed as a critical needs substitute to fill a vacant position, the position vacancy shall be posted electronically and easily accessible to prospective employees as determined by the state board. 0000036998 00000 n The answer is if you are receiving health coverage through WVSU as either an actively working employee, or dependent, including the spouse,of an actively working employee you are not required to enroll in Medicare Part B. You can visit customer service at PEIA to pick up a retirement packet or you can contact PEIA customer service at 1-888-680-7342 to requestthat a retirement packet be mailed to you. All final retirement benefits shall be determined by a TRS . When an employee transfers to another state agency, all accumulated annual leave is transferred. This retirement program is similar to a 401(k) plan in structure except . 01. The calculator is ONLY an estimate of your benefit. Payroll strives to provide friendly, courteous, and knowledgeable support to State agencies within the Department of Administration. An easy way to remember this is if you have a PEIA health insurance deduction on your WVSU paycheck, you are not required to have Medicare Part B. The Commonwealth of Pennsylvania is one of two states in the US that does tax contributions to a qualified retirement plan, such as the 401(a) plan, as income. . 0000048263 00000 n Full benefits at any age with 35 years of service. 0000010264 00000 n This information is for educational purposes only and not intended to provide tax or legal advice. In addition, employees are offered the voluntary opportunity to participate in the West Virginia Retirement Plus Program, a supplemental retirement plan designed to provide an extra savings alternative for all State, county, city and other political subdivision employees. Direct Deposit Schedule. During any calendar year, a full-time State employee is eligible to receive paid leave for the purpose of making an organ donation. The least expensive rates are for those retirees and their covered dependents who are eligible for Medicare and have at least 25 years of service with PEIA. The purpose of this bill is to authorize sheriffs who are members of the public retirement system to retire upon attaining the age of sixty-two with eight or more years of service. Medicare-eligible employees who retire after the beginning of a plan year, and retired employees who become eligible for Medicare during the Plan year will be moved to the Special Medicare Plan. 0000001228 00000 n All employee contributions to the 401(a) plan are immediately 100% vested. Employee contributions to the Plan are managed via convenient payroll deductions. A copy of the report shall also be provided to the Legislative Oversight Commission on Education Accountability. SCHOOL PERSONNEL. V?.}I5ebqKn+IRQmV_^%|^1GqdgSZE}K_WhB q$R`1.yqLKM@[B8lwS^bbVcKf@%vih%M0cwe; ?Z.j B*?_ buUwM5XuO{BksO&:_}_vvEOX (i3KFOZ\"Df-o8pG][4\uHI%v7~ABfMda7M6 `Oi'#%(MbW #\HV(J1[6+d`2l$fvP,=U;7LM]V[x\a%O LK\:koMp$ Upon verification of compliance with this section and the eligibility of the critical needs substitute teacher for employment beyond the post-retirement limit, the state board shall submit the affidavit to the Consolidated Public Retirement Board.
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