HB5560 would exempt retirement benefits for former law enforcement officers from state income taxes.
HB5560 amends the West Virginia Code to exempt pensions of municipal law enforcement officers paid through the Public Employees Retirement System (PERS) from state income taxes. The bill specifies that these pensions, including any survivorship annuities, will not be subject to state income tax. The change is set to take effect for taxable years beginning after December 31, 2023.
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