W. Va. Code § 7-14D-28
Pro rata reduction of annuities
West Virginia · West Virginia Code Chapter 7 — County Commissions and Officers · Status: effective
Cite this
- Citation
- W. Va. Code § 7-14D-28, Pro rata reduction of annuities, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2360432
- Permanent ID
ys:prov:2360432@1- SHA-256
15ae496da237eddb80de4a32c9f2185a65a3bc5ffec08f899d17302dfe2876dd
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Any provision in this article to the contrary notwithstanding, if at the end of any fiscal year the total of the annuities paid from the retirement fund during the said fiscal year is more than ten percent of the sum of the balances in the fund at the end of the said fiscal year, the said annuities payable in the next ensuing fiscal year shall be reduced, pro rata, so that the sum of the annuities so reduced shall not exceed ten percent of the sum of the said balances in the fund. The said pro rata reduction shall be applied to all annuities payable in the said ensuing fiscal year.