(10) The provisions of this subsection shall expire on June 30, 2025. Charleston, WV 25305. For retirees with direct deposit of their pension payments, PERA will release direct deposit benefit payments on the last working day of the month. Requests can be made online with TIAA, and WVSU can approve electronically. 2023 WV Teacher of the Year; 2022 WV Teacher of the Year; 2021 WV Teacher of the Year; 2020 WV Teacher of the Year; . Draw your signature, type it, upload its image, or use your mobile device as a signature pad. 0000000916 00000 n (6) A retired teacher is eligible to be employed as a critical needs substitute teacher to fill a vacant position without any loss of retirement benefits attributed to the annuity reserve only if the retired teachers retirement became effective before the first day of July preceding at least the fiscal year during which he or she is employed as a critical needs substitute teacher. Retired members who are enrolled in an HMO when they become Medicare-eligible will be transferred to PEIAs Special Medicare Plan. Type text, add images, blackout confidential details, add comments, highlights and more. Copyright 2013 West Virginia State Consolidated Public Retirement Board . Consolidated Public Retirement Board West Virginia State Auditor's Office 4101 MacCorkle Avenue SE Building 1, Suite W-100 Charleston, WV 25304 Charleston, WV 25305 www.wvretirement.com www.wvsao.gov 2023 DIRECT DEPOSIT CALENDAR FOR RETIREES JANUARY FEBRUARY MARCH SM TWT F S S M T W T FS S M TW T F S . Full-time employees at the WVDE are eligible to earn annual leave. An employee is eligible to receive paid leave for the time required to determine surgical fitness and compatibility as a potential donor, as verified by a physician or medical practitioner, even if subsequently found to be surgically unfit or incompatible, or if the organ donation does not occur. [Introduced January 12, 2022; referred to. |Af#T V@,~DQ ( endstream endobj 18 0 obj <> endobj 19 0 obj <> endobj 20 0 obj <>/Font<>/ProcSet[/PDF/Text]>> endobj 21 0 obj <> endobj 22 0 obj <> endobj 23 0 obj <> endobj 24 0 obj <> endobj 25 0 obj <>stream This retirement program is similar to a 401(k) plan in structure except that it is designed to supplement a participant's primary retirement plan. 0000044818 00000 n Employees are granted paid time off in observance of the following official holidays. 0000045022 00000 n 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 12/26/2023. . 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. The retiree medical premium rates are based on an employees years of service, if the employee or dependents are eligible for Medicare, if the employee chooses to cover dependents, and tobacco use status of the employee and any covered dependents. If you have left the employment of West Virginia State University you can contact TIAAto request a rollover or withdraw from your account. All final retirement benefits shall be determined by a TRS 4). Annual leave is earned according to an employees total length of verified state employment, the county board of education employment and employment in other educational positions, including educational experience outside of West Virginia. (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. Home. An employee does pay both Social Security and Medicare taxes on the employees contributions to the plan. The West Virginia Department of Education (WVDE) offers an attractive holiday and leave package to eligible employees. Step 6a 23 Final. 10/25/2023. You will keep the same Medical ID card and use it as you did when you were an active employee for facilities, doctors and prescriptions. If you choose to move directly to Humana, you will need to call PEIA at 1-888-680-7342 and request a transfer form. trailer <<328C2C9BF4D84DDEB9469A9F32CF238E>]/Prev 61841>> startxref 0 %%EOF 47 0 obj <>stream 0000002561 00000 n When your dependents become Medicare Eligible,pleasesendacopyoftheirMedicarecardintoPEIA. Full benefits at any age with 35 years of service. You will need to fill out a Retiree Basic Life and Health Enrollment Form, a Retiree Optional and/or Dependent Life Enrollment Form and a Termination Form or you can contact PEIA customer service at PEIA to pick up a retirement packet or you can contact PEIA customer service at 1-888-680-7342 to request that a retirement packet be mailed to you. (A) Area of critical need and shortage for substitute teachers means an area of certification and training in which the number of available substitute teachers in the county who hold certification and training in that area and who are not retired is insufficient to meet the projected need for substitute teachers; and. 0000001228 00000 n Weekly Datasets. 0000000016 00000 n (304) 558-3570 or (800) 654-4406 (Nationwide) The purpose of this bill is to authorize an expenditure of revenue from the Municipal Pension and Protection Fund and Fire Protection Fund. The State of West Virginia offers an outstanding defined benefit pension plan the Public Employees Retirement System (PERS) under the Consolidated Public Retirement Board. Depending on your employment status and the types of retirement plans you hold, you may be able to defer withdrawing funds from your account beyond age 70. Annual Comprehensive Financial Report (ACFR). Another alternative is to continue in the PPB plan you have when you retire through PEIA's Special Medicare Plan (see section below). 18A-4-2. Note for New Retirees: . Building 17 The purpose of this bill is to allow a credit toward judicial retirement for public defender service. You must have Medicare parts A and B. When using this calculator you will need to provide certain information (hint: you might want to refer to your most recent annual TRS retirement statement). Request termination verification fromBenefits Office, 304-766-3184, if necessary. 09/26/2023. )Yzp 3d fKTlNraX^]q U4ea-3?Bs%`\lDK6B-6)6MVw;_rWg_3y/Zs3c~gs7M9_[\3b_ovS(^_Ck|en)7/Ze_ .aI-rwV;|m1)xHrEuc(NqMYWzE[o?^L!XYi]sZ8#Q>^Wj.R:? IJKv)s*\rS8.'>x]q}{j:z$WW'ZcdTa#s+rv,1^v4H`{L%3MbX`y9P{x!7x"`!SjMK{ $;7N-gg>NCQ>6N6]?'b-(amttI%e#`N`IR:G/Z1QM`rQP9n*2*,ig+&tZy)>;V) The purpose of this bill is to exclude income from West Virginia retirement systems and social security from inclusion in adjusted gross income or resident individuals. WV State Teachers Retirement System (TRS) and PEIA guidelines are: Full benefits at age 60 with 5 years of service. Title: 2023 biweekly pay calendar DRAFT v4 FINAL.xlsx Author: lisa.comer Created Date: 5/24/2022 3:42:21 PM If an employee dies while still an active employee or a retiree, PEIA will treat any dependent, who was covered by the active employee or retiree on medical coverage, as a surviving dependent. An employee, if determined not to be disabled by Social Security, can appeal directly to PEIA for disabled retiree status. PEIAShoppersGuide,SummaryPlan Description, and Mountaineer Flex Benefits booklets will be sent via interdepartmental mail or as needed. cTuW}DI If you receive Share your form with others. LOCAL SHARE 23 at 19.40c Second Prelim. It is important to note that this estimate is only as accurate as the information provided. The PEIA Retiree Medical Premiums The maximum employer contributions to the 401(a) plan are set by the IRS. Headcount Enroll 2nd Mo 22. [Detail] [Text] [Discuss] 2023-01-11. 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. 0000036796 00000 n 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. retirement benefits; 2). 17 31 0000023848 00000 n An employees contributions to the 401(a) plan, therefore, do not reduce an employees future Social Security benefits. Less than 12 month faculty years of service for employees hired prior to July 1, 2009, PEIA retiree medical premiums are waived. Senate Bill 243. by the Department are required by state law to be members in the Teachers Retirement System administered by the West Virginia Consolidated Public Retirement Board. West Virginia Consolidated Public Retirement Board's site. Below you will find a list of useful forms and resources to make your life easier. Direct Deposit Schedule. The Legislature further finds that diverse circumstances exist among the counties for the expanded use of retired teachers as substitutes. 0000048263 00000 n Consolidated Public Retirement Board West Virginia State Auditor's Office 4101 MacCorkle Avenue SE Building 1, Suite W-100 Charleston, WV 25304 Charleston, WV 25305 www.wvretirement.com www.wvsao.gov 2022 DIRECT DEPOSIT CALENDAR FOR RETIREES JANUARY FEBRUARY MARCH SM TWT F S S M T W T FS S M TW T F S 112345 12345 If you are already beyond age 65 and not signed up for Medicare just contact the Social Security Administration to enroll. The calculator is ONLY an estimate of your benefit. 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. 2022 Pension Payment Schedule Month Direct Deposit Date* Check Mailing Date** (Electronic Funds Transfer) January Monday, January 31 Thursday, January 27 . (a) The county superintendent, subject to approval of the county board, may employ and assign substitute teachers to any of the following duties: (1) Fill the temporary absence of any . 0000028272 00000 n Avg State Funded Salaries 23 Final. 2022 WV Teacher of the Year; 2021 WV Teacher of the Year; 2020 WV Teacher of the Year; . Direct deposits to your bank account will be on this date or later due to bank processing. The State of West Virginia offers an outstanding defined benefit pension plan the Public Employees Retirement System (PERS) under the Consolidated Public Retirement Board. FBMC Retiree Benefits Guides*Premium Rate Charts, If you are a Non-Medicare Retiree, your agency participates in PEIA retirement insurance and you want to continue PEIA Health Insurance, you will need visit your Retirement Board and your HR Department. 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 All employer matching contributions are also 100% immediately vested. Documents - Kanawha County Schools. WV Dept of Administration Finance Division. provided the employees and/or dependents pay the full group premiums. (4) Any person who retires and begins work as a critical needs substitute teacher within the same fiscal year in which that person retired shall lose those retirement benefits attributed to the annuity reserve, effective from the first day of employment as a retiree critical needs substitute teacher in that fiscal year and ending with the month following the date the retiree ceases to perform service as a critical needs substitute teacher.