Increases accrued benefit for members of the West Virginia Natural Resources Police Officer Retirement System.

The bill modifies the West Virginia Natural Resources Police Officer Retirement System by increasing the accrued benefit for members who retire on or after January 1, 2029. The accrued benefit is calculated as two and three-fourths percent of the member's final average salary multiplied by the member's years of credited service. The bill also provides additional funding for the retirement system, including a specific contribution from the Division of Natural Resources. The changes apply to members who retire after the specified dates and affect the retirement benefits available to them.

Increases accrued benefit for members of the West Virginia Natural Resources Police Officer Retirement System.

The bill modifies the West Virginia Natural Resources Police Officer Retirement System by increasing the accrued benefit for members who retire on or after January 1, 2029. The accrued benefit is calculated as two and three-fourths percent of the member's final average salary multiplied by the member's years of credited service. The bill also provides additional funding for the retirement system, including a specific contribution from the Division of Natural Resources. The changes apply to members who retire after the specified dates and affect the retirement benefits available to them.