Allowing certain Teachers Retirement System members to exchange unused leave for monetary compensation

This bill allows classroom teachers who joined the West Virginia Teachers Retirement System on or after July 1, 2015, to sell up to 10 unused personal leave days to their county school board for a cash payment. Teachers would receive 80% of the rate paid to a substitute teacher with a bachelor's degree and 10 years of experience for each day sold, with payment required by June 30. Once sold, the leave days are forfeited and cannot be used for future absences.