Allows Tier II teachers to bank unused sick time toward retirement benefits.

West Virginia SB885 allows Tier II teachers to bank unused sick time toward retirement benefits. The bill specifies that accrued annual and sick leave can be credited toward an extension of insurance coverage upon retirement. The conversion rate is one additional month of coverage for every two days of accrued annual or sick leave. The bill also details provisions for spouse and dependent coverage, continuation of coverage after termination, and retiree participation in the health insurance plan.

Allows Tier II teachers to bank unused sick time toward retirement benefits.

West Virginia SB885 allows Tier II teachers to bank unused sick time toward retirement benefits. The bill specifies that accrued annual and sick leave can be credited toward an extension of insurance coverage upon retirement. The conversion rate is one additional month of coverage for every two days of accrued annual or sick leave. The bill also details provisions for spouse and dependent coverage, continuation of coverage after termination, and retiree participation in the health insurance plan.