West Virginia § 18-7B-17 Deposits to the members' annuity accounts

West Virginia Statutes

§ 18-7B-17 — Deposits to the members' annuity accounts

West Virginia § 18-7B-17

Ch. 18EDUCATION

Art. 7BTEACHERS' DEFINED CONTRIBUTION RETIREMENT SYSTEM

This text of West Virginia § 18-7B-17 (Deposits to the members' annuity accounts) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 18-7B-17 (2026).

Text

Beginning on July 1, 1991 and thereafter, each county board of education or electing charter school shall deposit in the member's annuity account created pursuant to §18-7B-9 of this code an amount equal to seven and one-half percent of all compensation paid to members of the defined contribution system in excess of that authorized for minimum salaries in §18A-4-2 and §§18A-4-8a of this code to the extent that the excess exceeds the amount distributed for salary equity to the county.

Free access — add to your briefcase to read the full text and ask questions with AI

Beginning on July 1, 1991 and thereafter, each county board of education or electing charter school shall deposit in the member's annuity account created pursuant to §18-7B-9 of this code an amount equal to seven and one-half percent of all compensation paid to members of the defined contribution system in excess of that authorized for minimum salaries in §18A-4-2 and §§18A-4-8a of this code to the extent that the excess exceeds the amount distributed for salary equity to the county.