HB 5030 modifies West Virginia's tax code to expand tax exemptions for certain public safety pensions. It adds Division of Natural Resources police, deputy sheriffs, full-time firefighters, and municipal police officers to the existing list of law enforcement personnel who can exclude the first $2,000 of retirement benefits from state taxable income. The bill amends §11-21-12(c)(6) of the West Virginia Code to include these roles under the tax-exempt pension provision. This change directly affects current and future retirees in these specific public safety professions by reducing their state income tax burden on pension payments. The policy change is limited to the first $2,000 of qualifying pension income per year, consistent with existing tax rules.
HB 5560 would exempt the first $2,000 of retirement benefits received by retired law enforcement officers under West Virginia's Public Employees Retirement System (PERS) from state income tax. This bill modifies existing tax law to specifically include former law enforcement officers in the current exemption for PERS retirement benefits, which previously applied to teachers and other public employees. The policy change directly affects retired police and firefighters who receive PERS pensions, ensuring their initial $2,000 in annual retirement income is not subject to state taxation. This amendment expands an existing tax exemption to explicitly cover law enforcement retirees, aligning with the bill's stated purpose of providing tax relief for this group.
SB 1006 adds a 1% tax on fire and casualty insurance premiums in West Virginia. Insurance companies pay this tax, and the revenue is allocated as follows: 10% to the Teachers Retirement System Reserve Fund, 25% to volunteer and part-volunteer fire departments via the Fire Protection Fund, and 65% to municipal police and fire pension funds. The bill requires annual reporting by municipalities and the State Treasurer to distribute funds according to these percentages. This policy directly affects insurance providers (through the tax) and the specific state funds supporting teachers, fire departments, and municipal pension systems.
HB 5360 would provide cost-of-living adjustments to certain retired public employees and teachers in West Virginia. Starting July 1, 2026, retirees aged 60+ who have received retirement payments for at least five years under the Public Employees Retirement System or Teachers Retirement System would automatically receive monthly adjustments equal to the annual increase in the U.S. Bureau of Labor Statistics' consumer price index. This change directly affects eligible retirees by linking their annuity payments to inflation. The bill does not create new benefits but modifies existing retirement payments to help offset rising living costs. The proposal is currently under review by the House Finance Committee.
HB 5391 amends West Virginia's Emergency Medical Services Retirement System (EMSRS) to benefit current and future EMS personnel. It changes retirement benefit calculations to use a member's five highest-earning years instead of the current method, exempts all EMSRS pension income from West Virginia personal income tax (removing a previous $2,000 tax cap), and eliminates the 1,040-hour annual work limit for retired EMS workers returning to service in areas with staffing shortages. These changes directly affect emergency medical services workers enrolled in the EMSRS, providing tax relief and greater workforce flexibility. The bill creates the "EMS Retirement Equity, Tax Relief, and Workforce Support Act" as part of these policy updates.
HB 5326 increases the amount of pension income subject to annual cost-of-living adjustments (COLA) for retired municipal police officers, firefighters, and water/sewage system employees from $15,000 to $30,000 per year. Currently, only the first $15,000 of a retiree’s pension was adjusted for inflation each year; this change extends the COLA calculation to the first $30,000. The bill does not alter the 4% annual COLA cap or the two-year waiting period for new retirees. This policy change directly affects eligible retired municipal public safety and utility workers by providing broader inflation protection on their pension benefits.
HB 4969 increases retirement benefits for eligible retired state employees and teachers by a total of 5% over three years, starting July 1, 2026. It applies to retirees aged 70+ with at least 25 years of service as of July 1, 2023, including those receiving minimum benefits under existing law. The increase is phased: 2.5% on July 1, 2026, 1.5% on July 1, 2027, and 1% on July 1, 2028. The bill amends provisions for both the Public Employees Retirement System and the State Teachers Retirement System. It does not affect current retirees' benefits retroactively but adjusts payments for those already retired as of the effective date.
This bill increases salaries for West Virginia judges and certain judicial staff starting July 1, 2026. It raises the annual salary for Supreme Court justices to $154,600 (from $149,600), circuit court judges to $143,600 (from $138,600), and family court judges to $113,950 (from $103,950). It also adjusts pay for family court secretary-clerks and case coordinators, with secretary-clerks receiving $44,876 annually and case coordinators capped at $56,876. The bill suspends employer contributions to the judicial retirement system until specific conditions are met.
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.
HB 4773 would increase the cost-of-living adjustment (COLA) for retired state employees by 20% - not 15% as the title states - applying to retirees from the Public Employees Retirement System and State Teachers Retirement System who voluntarily retired in good standing. The bill requires the first full payment of this 20% adjustment to be issued by June 30, 2026, with benefits also shared proportionally to eligible beneficiaries. The adjustment is subject to IRS limits and mandates a legislative review every decade to assess future COLA increases.
