PEIA offers the Special Medicare Plan to two groups of Medicare-eligible retirees: 2. hb``a``ag [qY8Peu";SoU,l6o Annual Leave - Use or Lose Calculator. Any other dates proclaimed by the President or Governor as official holidays. (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. Box 1000, Up to top (this text gets replaced by JS), Up a level (this text gets replaced by JS), Scholarships and Employment Opportunities, TRIO Student Leadership, Community Service and Engagement, Accreditation and Student Right to Know Information, Management, Management Information System, and International Business, College of Natural Sciences and Mathematics, Master of Education in Instructional Leadership, Summer Academic and Athletic Enrichment Camp, Graduation Application, Requirements, & Policies, Cultural Activities and Educational Assemblies, Agricultural and Environmental Research Station, Experimental Program to Stimulate Competitive Research (EPSCoR), Promoting Excellence in Education through Research (PEER), WVSU Energy and Environmental Science Institute, Higher Learning Commission Accreditation Reaffirmation, Publications, Design, Photography, Printing, Enrollment Management and Student Affairs, Events Management: Catering and Facilities Rentals, Benefits Information Relating to COVID-19, COVID-19 Related ADA Accommodations Requests, Managing Stress and Anxiety During COVID-19, Institutional Research, Assessment and Effectiveness, It Starts at State - Sam Holdren and Stephen Hanson, Get Help -- Complainant/Respondents What to Expect During an Investigation, Get Help -- Survivors/Complainants Confidential Non-Confidential Resources, Get Help -- Survivors/Complainants Immediate Steps, Reporting -- Employee Reporting Responsibilities, Performance Management: Frequently Asked Questions, Full benefits at age 60 with 5 years of service, Full benefits at age 55 with 30 years of service, Full benefits at any age with 35 years of service, Reduced benefits before age 55 with at least 30 but less than 35 years of service, Disability benefits with 10 years of service, Any age with 10 years of service if disabled, 2 days of sick leave = 1 month individual coverage, 3 days of sick leave = 1 month of family coverage, if employee or employees dependents are eligible for Medicare, tobacco use status of employee and any covered dependents, 1. When your dependents become Medicare Eligible,pleasesendacopyoftheirMedicarecardintoPEIA. obligation, either legal or equitable, to pay 0000045022 00000 n 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. 0000014941 00000 n This retirement program is similar to a 401(k) plan in structure except . Math Field Day 2023. Update your contact information. shows your complete year-to-date information for the calendar year. as a promise or contract with TRS to pay the amount Title: 2023 biweekly pay calendar DRAFT v4 FINAL.xlsx Author: lisa.comer Created Date: 5/24/2022 3:42:21 PM Requests can be made online with TIAA, and WVSU can approve electronically. News. 0000056618 00000 n 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. 0000032650 00000 n Summary Plan Description PPB Plans A, B & D* The bill allows leave bank days to be used to add service for any retirement system or to extend insurance coverage. Full benefits at age 55 with 30 years of service. 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. Latest News. It is important to note that this estimate is only as accurate as the information provided. Testing Opportunity for Homeschool Students. For the purposes of this section, teacher and substitute teacher, in the singular or plural, mean professional educator as defined in section one, article one of this chapter. WV Dept of Administration Calendar year taxpayers must file an annual return by April 15th each year for the preceding year. provided the employees and/or dependents pay the full group premiums. West Virginia StateUniversity CANNOT provide termination confirmation until your employment has formally ended, and you are no longer an employee of WVSU. CP Date Calculator - used to determine Certified Permanent date for employees who have reduced FTE or Leaves during Probationary Period. (c) (1) The Legislature hereby finds and declares that due to a shortage of qualified substitute teachers, a compelling state interest exists in expanding the use of retired teachers to provide service as substitute teachers in areas of critical need and shortage. 2022 Pension Payment Schedule Month Direct Deposit Date* Check Mailing Date** (Electronic Funds Transfer) January Monday, January 31 Thursday, January 27 . 18A-2-3. If you have questions regarding your particular circumstances, please callBenefits Office at 304-766-3184 or the Social Security Administration at 800-772-1213, or online atwww.ssa.govorwww.medicare.gov. If you are not receiving Social Security benefits when you turn 65 you will need to sign up for Medicare Part A if you would like to have Medicare coverage. PO Box 2105. Click herefor more information on the West Virginia Retirement Plus Program. Click herefor more information on the West Virginia Retirement Plus Program. 0000001669 00000 n Headcount Enroll 2nd Mo 22. Employees hired on or after July 1, 1988 but before July 1, 2001 are eligible to use sick leave to pay for 50% of the PEIA retiree medical premium. retirement benefits; 2). 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. Senate Bill 243. The maximum amount an employee may contribute (always the mandatory fixed contribution of 6%) is set by IRC 401(a)(17) Annual Compensation Limit. 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. All WVSU benefits-eligible service is included in this total. 02. Alternative Education 23. You will need to visit the Social Security Office and sign up for Medicare parts A and B. PEIA will need a copy of your Medicare card when you receive it. For a change in address, benefits, or status, please contact the payroll department: W-4 Form, Employees Withholding Allowance Certificate, WV Dept. 4101 MacCorkle Avenue S.E Charleston, West Virginia 25304 Telephone (304) 558-3570 or (800) 654-4406 (Nationwide) Fax (304) 957-7522 Email: CPRB@wv.gov Z?b|1F^k'."jv CUX5@Y&S=U>K9~_ ZZu9a:J =#[+u'fU4l=({B_c?\oQvoJIbm)h{4:Ddv x=Vy7n`pBGrCCO8Bs4!kZ}{*SXP&HZKsFCrl-1\3ry~5:B7dpLrjAGZ*]g?g_36,Ep~\oKFpD_)[N}e4hW,([xhs&xBP9*VeIICP )^"`2d4/Li-]{PMT:xD#RD~c. The Department of Education Leave Donation Program has established a leave donation program under which annual leave accrued by an employee may, if voluntarily agreed to by the employee, be transferred to the annual leave account of another designated employee if the other employee requires additional leave because of a medical emergency or prolonged illness. Below you will find a list of useful forms and resources to make your life easier. 0000054204 00000 n You are required to have Medicare Part B as a retiree, or dependent of a retiree, when enrolled in the PEIA retiree health insurance. Employee contributions to the Plan are managed via convenient payroll deductions. Advisor approximately six months prior to my anticipated date of retirement. A copy of the report shall also be provided to the Legislative Oversight Commission on Education Accountability. Actual benefits will be calculated and verified by TRS staff when you retire. Full-time WVDE employees are eligible to earn sick leave at a rate of 5.2 hours per pay period. may deduct up to $2,000 of benefits received from West Virginia Teachers Retirement System, West Virginia Public Employees Retirement System and Federal Retirement Systems (Title 4 USC 111). KCS 2022-2023 Weather Procedures. 10/21/2022 11:34:37 AM . A common question asked by employees is what you are supposed to do when you turn 65 and become eligible for Medicare while working at WVSU. at the time of retirement. (9) Until this subsection is expired pursuant to subdivision (10) of this subsection, the state board shall report to the Joint Committee on Government and Finance, prior to February 1 of each year, information indicating the effectiveness of the provisions of this subsection on reducing the critical need and shortage of substitute teachers including, but not limited to, the number of retired teachers, by critical need and shortage area position filled and by county, employed beyond the post-retirement employment limit established by the Consolidated Public Retirement Board, the date that each person gave notice to the county board of the persons intent to retire, and the effective date of the persons retirement. Separate employment from West Virginia State University, 2. [Introduced January 12, 2022; referred to. This bill was recommended for introduction during the 2023 regular session of the Legislature by the Municipal Pensions Oversight 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. By Senators Hamilton, Stover, Baldwin, Caputo, Lindsay, Romano, and Woelfel. West Virginia Consolidated Public Retirement Board's site. (304) 558-3570 or (800) 654-4406 (Nationwide) 0000001529 00000 n Fax (304) 957-7522 The employee does not pay federal or state income tax on the contributions by the employee or WVU to the plan. of Administration Parking Deduction Authority. Edit your wv retirement board forms online. You can elect optical and dental care through, Premium and Benefit Assistance Form (Medicare), Retiree Basic Life and Health Enrollment Form, Retiree Optional and/or Dependent Life Enrollment Form, Retiree Basic Life and Health Enrollment Form. 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$fvP,=U;7LM]V[x\a%O LK\:koMp$ 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. The purpose of this bill is to provide a one-time cost-of-living supplement to retirement benefits of under $60,000 a year. If you work past age 70, you can delay withdrawing funds from your current employers retirement plan until April 1 following the calendar year of your retirement. You may continue your basic, optional and dependent life insurance at the time of retirement. Direct deposits to your bank account will be on this date or later due to bank processing. 2023 KCS Summer Academy. Medical benefits under the Special Medicare Plan are generally the same as those provided under PEIAs Medicare Advantage plan.For Medicare Retirees, Medicare will be primary and PEIA will be secondary. This calculator merely provides an ESTIMATE of [Detail] [Text] [Discuss] 2023-01-11. 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. 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). Some commonly used payroll forms and links are provided on this page. Note less than 12 month faculty hired after July 1, 2009 are not eligible for the retiree medical premium credits. 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 not Medicare Eligible, you will continue with the health plan you have when you retire. Retiree Basic Life and Health Enrollment Form* July 1 - June 30, 2022. The purpose of this bill is to increase the West Virginia State Police retirement annuity from three to four percent. Employment of substitute teachers; and employment of retired teachers as substitutes in areas of critical need and shortage. 2023 DIRECT DEPOSIT DATES. The limit is monitored internally and any employee with concerns should contact the benefit office if their salary exceeds the limit. Vesting simply means employees contributions are theirs to keep should they decide to stop working for WVSU and obtain employment elsewhere. Welcome to your Retiree Mountaineer Flexible Benefits Plan. Direct Deposit Schedule. 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. WV State Employee Credit Union Application. 0000037099 00000 n 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. They do not include any local salary supplements that your county may have in place. Employer matching contributions are not considered taxable income. All final retirement benefits shall be determined by a TRS If any dependent is Medicare eligible, PEIA will need a copy of their Medicare Card also. 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. 0000056423 00000 n Using Accrued Sick and Annual Leave to Extend Coverage upon Retirement* 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. Ph: (304) 558-6181 Fax: (304) 558-1950 Office Hours: M-F 8:30am - 4:30pm Email: Finance@wv.gov WV State Teachers Retirement System (TRS) and PEIA guidelines are: Full benefits at age 60 with 5 years of service. Actual benefits will be calculated and verified by TRS staff when you retire. This retirement program is similar to a 401(k) plan in structure except . The schedules listed below are the state minimum scales with basic plus state supplement. 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. 0000001228 00000 n The purpose of this bill is to provide supplement funding for the plan and to increase recruitment and retention of certified officers for the agency. Another alternative is to continue in the PPB plan you have when you retire through PEIA's Special Medicare Plan (see section below). You may not elect or increase life insurance after this period. Building 17 The purpose of this bill is to allow a credit toward judicial retirement for public defender 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. 0000048263 00000 n Type text, add images, blackout confidential details, add comments, highlights and more. The purpose of this bill is to decrease the employment time for municipal police officers and firefighters to be eligible for nonduty disability benefits from 10 years to five years. 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. Sign it in a few clicks. 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. Documents - Kanawha County Schools. 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. You will need to fill out a. . Years of Service for PEIA Retiree Medical insurance. The purpose of this bill is to raise the retirement rate for deputy sheriffs. 18A-2-3. Avg State Funded Salaries 23 Final. For example, if your current employers plan accepts transfers from other plans, you can roll over funds from other qualified plans into your current employers plan and defer your required minimum distributions until April 1 following the calendar year you retire. Congratulations from PEIA on your retirement! %PDF-1.4 % )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) TRS staff. . 08/28/2023. 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. 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). It also defines surviving spouse. 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). Full benefits at any age with 35 years of service. The rates are included in thePEIA Shopper's Guideand just like active employee rates, are subject to change upon approval of the PEIA Finance Board and West Virginia Retiree Health Benefits Trust. (B) Teacher or substitute teacher includes speech pathologists, school nurses and school counselors. 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. Check with the Office of Human Resources for further details concerning military leaves of absence (with and without pay) and associated benefits. /Note: Monthly Pension checks are dated and mailed on these dates. 0000006943 00000 n 0000036898 00000 n who currently receives income from the WV Consolidated Public Retirement Board (CPRB) or a TIAA-CREF retirement plan. 0000023848 00000 n |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 (10) The provisions of this subsection shall expire on June 30, 2025. Conversely, the most expensive are for those retirees with the fewest years of service and they and their dependents are not eligible for Medicare. Charleston, WV 25305. 0000002979 00000 n What do I do now ? 01. Below are the Salary Schedules for teachers and support professionals (ESP) for the 2022-23 school year. If you receive You must have Medicare parts A and B. The purpose of this bill is to allow all employees included under the Teachers Retirement System, including teachers, municipality employees, county workers, and otherwise to serve as substitute teachers without sacrificing their retirement benefits. Specific information regarding retirement benefits is available on the West Virginia Consolidated Public Retirement Board's site. FBMC Retiree Enrollment Forms* FBMC Benefits Management, . TRS will then mail the employee a form which is to be completed and returned to TRS. Step 6a 23 Final. Below are links to several calculators and calendars to assist you: Annual Increment Pro-Rata Calculator. File and pay taxes online at: Under the Special Medicare plan, the member purchases traditional Medicare Parts A and B, and their secondary medical and prescription claims are paid by UMR and Express Scripts, respectively. (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. 0000054155 00000 n 2101 Washington Street East Building 17 Charleston, WV 25305. 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. Employees hired and continually covered by PEIA prior to July 1, 1988 can use accrued sick leave at the point in which they transition from active employment to retirement to pay 100% of the PEIA medical premiums. The State Teachers Retirement system individually determines each disability application for a prospective disabled retiree. 2023 WV Teacher of the Year; 2022 WV Teacher of the Year; 2021 WV Teacher of the Year; 2020 WV Teacher of the Year; . 0000028272 00000 n An employee, if determined not to be disabled by Social Security, can appeal directly to PEIA for disabled retiree status. The Legislature further finds that diverse circumstances exist among the counties for the expanded use of retired teachers as substitutes. The purpose of this bill is to modify the West Virginia State Police Retirement System. 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 ). Weekly Datasets. (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. All WVSU benefits-eligible service is included in this total. The State of West Virginia offers an outstanding defined benefit pension plan the Public Employees Retirement System (PERS) under the Consolidated Public Retirement Board. During any calendar year, a full-time State employee is eligible to receive paid leave for the purpose of making an organ donation. to obtain a formal Retirement Benefit Estimate completed by a TRS Retirement For example, an employee who has completed 12 full years of service would receive an additional $720 (from which normal State and federal deductions are made). (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. Copyright 2013 West Virginia State Consolidated Public Retirement Board . of service credit, is not to be construed in any way The maximum employer contributions to the 401(a) plan are set by the IRS. When an employee transfers to another state agency, all accumulated annual leave is transferred. All employer matching contributions are also 100% immediately vested. Medicare Part A is an free entitlement available to most people at the attainment of age 65 or earlier for disability and some specific medical conditions. 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). Medical Advisors log in here. To House Pensions & Retirement Committee. Finance Division, 2101 Washington Street East 2022 WV Teacher of the Year; 2021 WV Teacher of the Year; 2020 WV Teacher of the Year; . final decisions concerning my benefits, I will contact the WV CPRB's Retired members who are enrolled in an HMO when they become Medicare-eligible will be transferred to PEIAs Special Medicare Plan. Request the rollover/withdrawal forms from your retirement vendor, 3. The annual salary limit is adjusted periodicallyby the IRS and does have exceptions. The West Virginia Department of Education (WVDE) offers an attractive holiday and leave package to eligible employees. The annual increment amount is $60 for each full year of qualifying service and is paid in July of each year. 09/26/2023. (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. West Virginia State University is required to confirm termination of your employment before the vendor can process your request to rollover or withdraw your funds. trailer <<328C2C9BF4D84DDEB9469A9F32CF238E>]/Prev 61841>> startxref 0 %%EOF 47 0 obj <>stream