The PEIA Retiree Medical Premiums Actual benefits will be calculated and verified by TRS staff when you retire. 0000056423 00000 n West Virginia State University routinely provides termination verification to TIAA electronically. 0000001113 00000 n Termination Form*Retiree Optional and/or Dependent Life Enrollment Form* Mechanicsburg, PA 17055-2105 . 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. School Finance Data 2022-2023 - West Virginia Department of Education (10) The provisions of this subsection shall expire on June 30, 2025. 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. 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. 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. (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. Welcome to your Retiree Mountaineer Flexible Benefits Plan. 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. 4). West Virginia Consolidated Public Retirement Board July 1 - June 30, 2022. Calendar year taxpayers must file an annual return by April 15th each year for the preceding year. of Administration Parking Deduction Authority. West Virginia StateUniversity CANNOT provide termination confirmation until your employment has formally ended, and you are no longer an employee of WVSU. cTuW}DI All WVSU benefits-eligible service is included in this total. 0000010264 00000 n Surviving dependents are treated as they are a retiree with 25 years of service and are eligible for lower premiums as determined by years of service. By Senators Hamilton, Stover, Baldwin, Caputo, Lindsay, Romano, and Woelfel. Use Self Service to: View your account details. Therefore, before making any 0000054155 00000 n 4101 MacCorkle Avenue S.E 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. (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. Avg State Funded Salaries 23 Final. 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. (3) Perform the instructional services of any teacher who is authorized by law to be absent from class without loss of pay, providing the absence is approved by the board of education in accordance with the law. TRS staff. Documents - Kanawha County Schools 0000036796 00000 n 2023 KCS Summer Academy. 10/21/2022 11:34:37 AM . Monthly Pension Payment Schedule | NVPERS 0000036998 00000 n PEIA offers the Special Medicare Plan to two groups of Medicare-eligible retirees: 2. Based on our analysis of West Virginia's teacher retirement plan, it earned an overall grade of F. West Virginia earned a F for providing adequate retirement benefits for teachers and a F on . West Virginia | TeacherPensions.org In order to obtain a retirement packet, I must contact TRS PDF Holiday/Semi-Monthly Pay Day Calendar 2022 - West Virginia If you are Medicare Eligible, you may transfer directly to Humana. The employee does not pay federal or state income tax on the contributions by the employee or WVU to the plan. **Checks are issued on the Check Mailing date and payable on the Direct Deposit date. Posted . 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. The purpose of this bill is to provide an annual annuity adjustment of 1% for eligible deputy sheriff retirants and surviving spouses when the plan has reached a funded level of 105 percent. 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. CP Date Calculator - used to determine Certified Permanent date for employees who have reduced FTE or Leaves during Probationary Period. West Virginia State University - Retirement FAQ The purpose of this bill is to modify the West Virginia State Police Retirement System. PDF St Virginia Ts Guide Update your contact information. Years of Service for PEIA Retiree Medical insurance. Local Share Adjustments 23 Revised for March. If you choose to move directly to Humana, you will need to call PEIA at 1-888-680-7342 and request a transfer form. Step 6a 23 Final. Direct Deposit Schedule - nmpera.org 0000002561 00000 n 08/28/2023. The purpose of this bill is to define "medical examination" for disability retirement purposes in retirement plans administered by the Consolidated Public Retirement Board (PERS, DSRS, MPFRS, State Police Plan B, EMSRS, TRS, and NRPORS). This retirement program is similar to a 401(k) plan in structure except . 0000048263 00000 n Employer matching contributions are not considered taxable income. The schedules listed below are the state minimum scales with basic plus state supplement. The substitute shall be a duly certified teacher. WVDE employees who are members of the National Guard or any reserve component of the United States Armed Forces may be granted paid military leave, without loss of status or benefits, for a period not to exceed 30 working days in any one calendar year. An employees contributions to the 401(a) plan, therefore, do not reduce an employees future Social Security benefits. who currently receives income from the WV Consolidated Public Retirement Board (CPRB) or a TIAA-CREF retirement plan. PDF 2023 Retirement Calendar (b) Notwithstanding any other provision of this code to the contrary, a substitute teacher who has been assigned as a classroom teacher in the same classroom continuously for more than one half of a grading period and whose assignment remains in effect two weeks prior to the end of the grading period, shall remain in the assignment until the grading period has ended, unless the principal of the school certifies that the regularly employed teacher has communicated with and assisted the substitute with the preparation of lesson plans and monitoring student progress or has been approved to return to work by his or her physician. The purpose of this bill is to allow a credit toward judicial retirement for public defender service. WV Dept of Administration Finance Division. 2023-2024 KCS PreK Enrollment. Sign it in a few clicks. [Detail] [Text] [Discuss] 2023-01-11. 17 31 Title: 2023 biweekly pay calendar DRAFT v4 FINAL.xlsx Author: lisa.comer Created Date: 5/24/2022 3:42:21 PM 0000001529 00000 n PDF West Virginia State Tax 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 . PDF 2022 Retirement Calendar 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. 0000002979 00000 n 0000019341 00000 n calculated, or any other amount; and. The Legislature further finds that diverse circumstances exist among the counties for the expanded use of retired teachers as substitutes. 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. The purpose of this bill is to add the Natural Resource Police Officers Retirement System and public charter schools for federal pick-up contribution purposes. 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 TRS estimate request forms can be requested by calling TRS at 800-654-4406. A copy of the report shall also be provided to the Legislative Oversight Commission on Education Accountability. Holiday/Semi-Monthly Pay Day Calendar 2022 20 - West Virginia Day 4 - Independence Day 5 - Labor Day 30 - Memorial Day . The calculator is ONLY an estimate of your benefit. 0000048476 00000 n 3.33 years of service = 1 year individual coverage 5.00 years of service = 1 year family coverage Less than 12 month faculty service typically refers to 9 month faculty, but would include any contract of less than 12 months, such as 10 month, 11 month contracts, etc. 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. (5) Retired teachers employed to perform expanded substitute service pursuant to this subsection are considered day-to-day, temporary, part-time employees. If you are already beyond age 65 and not signed up for Medicare just contact the Social Security Administration to enroll. Once all of your paperwork is turned in, it will be 2-3 months before your retirement check will arrive. Z:~O . Full benefits at any age with 35 years of service. Home. 2022 WV Teacher of the Year; 2021 WV Teacher of the Year; 2020 WV Teacher of the Year; . Examples of the servicesprovidedinclude: health insurance benefits, retirement, and PEIA. 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 . Charleston, WV 25305. (304) 558-3570 or (800) 654-4406 (Nationwide) The remaining 21.75 percent state contribution is to pay down the pension fund's debt. of Administration Confidentiality Agreements, Office of Technology Policy on Information Security, Workplace Security Policy (with Acknowledgement form), Public Employees Retirement System (PERS) Membership Enrollment Form, WV Retirement Plus (wv457) Participation Agreement, WV Department of Administration Finance Division, WV Employee's withholding Exemption Certificate. 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. The purpose of this bill is to increase certain fees collected by county sheriffs and add these increased amounts to the Deputy Sheriff Retirement Fund to provide modest increases in benefits for retired deputies. 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. 02. The purpose of this bill is to allow a surviving spouse one additional tax exemption of $20,000 beginning after December 31, 2023, for two taxable years after the death of the spouse. All employee contributions to the 401(a) plan are immediately 100% vested. Full-time employees at the WVDE are eligible to earn annual leave. as a promise or contract with TRS to pay the amount Requests can be made online with TIAA, and WVSU can approve electronically. (3) A person receiving retirement benefits under article seven-a, chapter eighteen of this code or who is entitled to retirement benefits during the fiscal year in which that person retired may accept employment as a critical needs substitute teacher for an unlimited number of days each fiscal year without affecting the monthly retirement benefit to which the retirant is otherwise entitled if the following conditions are satisfied: (A) The county board adopts a policy recommended by the superintendent to address areas of critical need and shortage for substitute teachers; (B) The policy sets forth the areas of critical need and shortage for substitute teachers in the county in accordance with the definition of area of critical need and shortage for substitute teachers set forth in subdivision (2) of this subsection; (C) The policy provides for the employment of retired teachers as critical needs substitute teachers during the school year on an expanded basis in areas of critical need and shortage for substitute teachers as provided in this subsection; (D) The policy provides that a retired teacher may be employed as a substitute teacher in an area of critical need and shortage for substitute teachers on an expanded basis as provided in this subsection only when no other teacher who holds certification and training in the area and who is not retired is available and accepts the substitute assignment; (E) The policy is effective for one school year only and is subject to annual renewal by the county board; (F) The state board approves the policy and the use of retired teachers as substitute teachers on an expanded basis in areas of critical need and shortage for substitute teachers as provided in this subsection; and. 18A-4-2. For more information contact the Social Security Administration at 1-800-772-1213 or online at www.ssa.gov orwww.medicare.gov. If you have left the employment of West Virginia State University you can contact TIAAto request a rollover or withdraw from your account. Click herefor more information on the West Virginia Retirement Plus Program. Full benefits at age 55 with 30 years of service. 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. Full-time WVDE employees are eligible to earn sick leave at a rate of 5.2 hours per pay period. Click here to review the State's Annual Increment Policy (Policy DOP-P5). 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. If any dependent is Medicare eligible, PEIA will need a copy of their Medicare Card also. If your life insurance lapses after retirement for any reason, for example, for non-payment of premiums, you will not be permitted to reinstate that coverage; you will need to seek life insurance from another source. |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 You are required to have Medicare Part B as a retiree, or dependent of a retiree, when enrolled in the PEIA retiree health insurance. Coverage will be effective upon approval of PEIAs life insurance carrier. Latest News. These members in the Special Medicare Plan will be moved to PEIAs Medicare Advantage Plan at the beginning of the next plan year (the following January). You should seek guidance from licensed professionals before making important financial decisions.. 0000000916 00000 n 09/26/2023. Pre-K School Calendar; Personnel; Addendums; Attendance; .