W. Va. Code § 16-5V-7
Creation of Fund; investments; actuarial valuations
West Virginia · West Virginia Code Chapter 16 — Public Health · Status: effective
Cite this
- Citation
- W. Va. Code § 16-5V-7, Creation of Fund; investments; actuarial valuations, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2367072
- Permanent ID
ys:prov:2367072@1- SHA-256
68081f4fd4d66616a8d8af9a3842f7a3bd06fc604db6bbf20542bd1d532b6eea
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
(a) There is hereby created the "West Virginia Emergency Medical Services Retirement Fund" for the benefit of the members of the retirement system created pursuant to this article and the dependents of any deceased or retired member of the system.
(b) All moneys paid into and accumulated in the fund, except amounts designated by the board for payment of benefits as provided in this article, shall be held in trust and invested in the consolidated pensions fund administered by the West Virginia Investment Management Board as provided by law.
(c) The board shall employ a competent actuary or actuarial firm to prepare an actuarial valuation of the assets and liabilities of the fund. The actuarial valuation period shall coincide with the fiscal year of the state.