Lowers the age for West Virginia State Police retirees to qualify for annual annuity adjustments.
This bill modifies the West Virginia State Police Retirement System by lowering the age of eligibility for an annual annuity adjustment from 63 to 55 years. Retirees aged 55 and older, along with surviving spouses, will receive these adjustments starting July 1 each year. The adjustments will supplement existing retirement awards and benefits, paid in equal monthly installments.
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