Current through Register Vol. XLI, No. 24, June 14, 2024
Section 162-5-9 - Employee Contributions9.1. All participating public employers shall withhold four and five-tenths percent (4.5%) from the gross compensation of each member.9.2. The sums withheld each calendar month are due the Retirement System at the end of each calendar month and shall be paid not later than fifteen (15) days following the end of each calendar month. Each remittance shall be made by check separate from the employer remittance and shall be made payable to the West Virginia Public Employees Retirement System. Each remittance shall be accompanied by a detailed summary of the sums withheld from the compensation of each employee and the credited service each employee was entitled to for that month on forms, either paper or electronic, provided by the Public Employees Retirement System for that purpose.