Enhancing retirement payout for state employees who have been drawing defined retirement benefits for at least 12 years

SB 451 enhances retirement payments for specific West Virginia state retirees. It provides an additional monthly payment equal to 103% of a retiree's annual benefit amount at age 65, to those who: are over 77 years old, retired before June 30, 2020, and have received retirement benefits for at least 12 years. This supplement applies to retirees under the West Virginia Public Employees Retirement Act. The bill directly affects eligible retirees who meet all three criteria, increasing their monthly income without changing existing retirement eligibility rules.