Allowing certain contracted counsel for executive agencies to purchase years of service in PERS

SB 149 allows contracted general counsel who have provided legal services for West Virginia executive agencies for 10 or more consecutive years to purchase retroactive service credit toward their Public Employees Retirement System (PERS) benefits. These counsel would pay the employee portion of the cost, while their agency covers the employer portion, with no interest or penalties applied for the retroactive credit. The service credit must be paid in full within 24 months of ending their contract, and cannot exceed one year of credit per calendar year for the period of service.