West Virginia bill to provide special consideration for municipalities to join MPFRS for paid firefighters.
West Virginia HB5331 amends the state code to provide special consideration for municipalities to join the Municipal Police Officers & Firefighters Retirement System (MPFRS) for their paid firefighters. The bill allows municipalities to elect to include police officers and firefighters hired on or after July 1, 2015, in the MPFRS. Those hired before July 1, 2015, will remain in the Public Employees Retirement System. The bill outlines procedures for asset transfers and contributions, including a four percent contribution with interest for new members.
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