Allowing certain Teachers Retirement System members to apply accrued annual and sick leave toward increase in retirement benefits

SB 258 amends West Virginia's Teachers Retirement System to allow members who joined on or after July 1, 2015, to convert their accrued annual and sick leave into additional retirement service credit. Specifically, each day of accrued leave counts as one day of service credit toward calculating retirement benefits. This change directly affects newer public school teachers in the system by increasing their retirement benefits based on unused leave. The bill modifies §5-16-13 of the West Virginia Code to implement this conversion, providing a concrete policy change without altering health insurance provisions.