W. Va. Code R. § 162-5-24

Current through Register Vol. XLI, No. 37, September 13, 2024

Section 162-5-24 - Employment by Retirants with Participating Public Employers

24.1. Any retirant who accepts employment with a participating public employer for a limited period of time and who is not considered in any way a permanent or regular employee is a temporary employee within the meaning of W. Va. Code § 5-10-2 and the employee shall not be a member of the Retirement System.

24.2. Any retirant drawing an annuity may accept temporary full-time employment, temporary part-time employment, or permanent part-time employment with a participating public employer: Provided, That his or her compensation does not exceed the limitation established by W. Va. Code § 5-10-48. If the calendar year compensation limit is exceeded, the Board shall suspend the retirant's monthly annuity for the balance of the calendar year, and accordingly shall prorate the month in which the compensation limit is exceeded.