West Virginia Code § 18-7D-7

Period for affirmative election to transfer; board may contract for
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professional services.
(a) The board shall provide the members of the Teachers' Defined Contribution Retirement
System an opportunity to voluntarily execute and deliver to the Consolidated Public
Retirement Board, or its designee, a written document in a form prescribed by the board
that irrevocably authorizes the board to transfer the member and all the meember's assets in
the Teachers' Defined Contribution Retirement System to the state Teachers Retirement
System in accordance with the provisions of this article. r
(b) If at least sixty-five percent of actively contributing membersu of the Teachers' Defined
Contribution Retirement System affirmatively elect to transfer to the state Teachers
Retirement System: t
(1) The Consolidated Public Retirement Board shall, for each member who affirmatively
elected to transfer as provided in this section, transfer the assets held in the Teachers'
Defined Contribution Retirement System's Trust Fulnd in trust for that member to the state
Teachers Retirement System on July 1, 2008: sProvided, That the board shall, for each
member whose election to transfer was received by the board after May 12, 2008, but on or
before May 20, 2008, and has not been certified as accepted by the board on or before the
effective date of the amendments tog this section enacted during the second extraordinary
session of the Legislature, 2008, transfer the assets of such member as provided in this
subdivision on August 1, 2008e;
(2) On July 1, 2008, or August 1, 2008, as the case may be, each member who so elected
becomes a member of the state Teachers Retirement System and after working one or more
hours and contributing to the state Teachers Retirement System is entitled to the benefits of
the state Teachers Retirement System; and
(3) Each such member is governed by the provisions of the state Teachers Retirement
SysWtem subject to the provisions of this article.
(c) If fewer than sixty-five percent of actively contributing members of the Teachers' Defined
Contribution Retirement System affirmatively elect to transfer to the state Teachers
Retirement System, the transfers described in this section shall not occur.
(d) Any person who has $1 or more in assets in the Teachers' Defined Contribution
Retirement System on December 31, 2007, may and is eligible to affirmatively elect to
transfer to the state Teachers Retirement System as provided in this section. For purposes of
this article:
(1) The tabulation of the percentage required for transfer as required in this article shall
only include documents affirmatively electing to transfer submitted under the provisions of
this subsection by those who are actively contributing members of the Teachers' Defined
Contribution Retirement System as that term is defined in section two of this article; and
(2) Notwithstanding the opportunity to submit documents affirmatively electing to transfer
extended by this article to members other than those who are actively contributing members
of the Teachers' Defined Contribution Retirement System, there shall be no duty or other
obligation on the part of the board to provide any education, information or notice regarding
matters contained in this article to members who are not actively contributing members of
the Teachers' Defined Contribution Retirement System regarding any matter described in
this article, nor any right on the part of those other members to receive the esame.
(e) Notwithstanding any other provision of this code to the contrary, thre board may do all
things necessary and convenient to maintain the Teachers' Defined Contribution Retirement
System and the state Teachers Retirement System during the transitional period and may
retain the services of the professionals it considers necessary to do so. The board may also
retain the services of professionals necessary to: t
(1) Assist in the preparation of educational materials;
(2) Assist in the educational process; l
(3) Assist in the process for submission of the documents whereby members may
affirmatively elect to transfer; and i
(4) Ensure compliance with all relevant state and federal laws.
(f) Due to the time constraints inherent in the initial processes established for the
submission of documents affirmatively electing to transfer set forth in this article in specific,
and due to the nature of the professional services required by the Consolidated Public
Retirement Board in general, the provisions of article three, chapter five-a of this code, do
not apply to any mat erials, contracts for any actuarial services, investment services, legal
services or otVher professional services authorized under the provisions of this article and the
provisions of article six, chapter twenty-nine do not apply to any employment of or
contracting for personnel by the board for the purposes of implementing the provisions of
this article.
(g) The submission of the documents whereby members may affirmatively elect to transfer
may be held through any method the board determines is in the best interest of the
members: Provided, That for members of the Teachers' Defined Contribution Retirement
System, the submission of the documents whereby those members elect to transfer shall be
pursuant to the procedure established by the Consolidated Public Retirement Board set forth
in subsection (j) of this section.
(h) The period for submission of the documents whereby members may affirmatively elect to
transfer shall begin not later than April 1, 2008. The board shall ascertain the results of the
submissions not later than May 31, 2008. The board shall certify the results of the
submissions to the Governor, the Legislature and the members not later than June 5, 2008.
(i) The submission period terminates and elections to transfer may not be accepted from a
member after May 12, 2008, subject to the following:
(1) If elections to transfer are permitted through the mail, any submission postmarked later
than May 12, 2008, is void and may not be counted: Provided, That notwithstanding the
provisions of this subdivision, any submission received by the board on or before May 20,
2008 shall be counted; e
(2) If elections to transfer are delivered to a supervisor on selection day or on or before May
9, 2008, any submission postmarked or deposited with a commercial carrier later than May
13, 2008, is void and may not be counted: Provided, That notwithustanding the provisions of
this subdivision, any submission received by the board on or before May 20, 2008 shall be
counted: Provided, however, That delivery by mail must be bty certified mail, return receipt
requested or delivery by commercial courier that requires written confirmation by the board
of delivery;
(3) May 5, 2008, is selection day upon which each clounty board and superintendent shall
provide an opportunity in each school within tshe county for members of the Teachers'
Defined Contribution System to affirmatively elect to transfer.
(j) The Consolidated Public Retiremegnt Board shall collaborate with the state
superintendent, the Chancellor for Higher Education and the Chancellor for Community and
Technical College Education to establish a procedure whereby all actively contributing
members of the Teachers' Defined Contribution Retirement System may deliver to the
Consolidated Public Retirement Board or its designee the written document authorizing
transfer through a supervisor at each work site where any contributing member of the
Defined Contribution Retirement System is employed. The procedure shall include at least
the following:
(1) The supervisor at each work site is responsible for collecting the written documents
autWhorizing the transfer from all actively contributing members of the Teachers' Defined
Contribution Retirement System employed at the work site who choose to submit the written
document. The supervisor shall record the receipt of all written documents authorizing
transfer, shall direct the member submitting the written document to initial a receipt log and
shall issue a receipt to the member submitting the written document.
(2) On and after May 6, 2008, but on or before May 9, 2008, the supervisor at the work site
shall make reasonable efforts to contact verbally and in writing all actively contributing
members of the Teachers' Defined Contribution Retirement System employed at the work
site that have not submitted their written documents as of that date to remind those
members of the upcoming deadline for submitting their written document authorizing
transfer: Provided, That failure of the supervisor to make contact with any of those members
shall not be a basis for a cause of action to allow a member to transfer after the period
provided in this section or for any other cause of action.
(3) The supervisor at each work site shall forward all of the written documents to the
Consolidated Public Retirement Board, or its designee, through certified mail, or delivery by
commercial courier that requires written confirmation by the board of delivery, no later than
May 13, 2008: Provided, That notwithstanding the provisions of this subdivision, any
submission received by the board on or before May 20, 2008, shall be counted. The work site
supervisor shall inform the Consolidated Public Retirement Board of all of the written
documents received each day so that the board, or its designee, can record ewhich members
of the Teachers' Defined Contribution Retirement System have submitted their written
documents authorizing transfer pursuant to subsection (k) of this sectiorn.
(4) For the purposes of this subdivision, the principal of a school with any of grades
prekindergarten through twelve is the work site supervisor. For the purposes of this
subdivision, for any work site under the jurisdiction of the Htigher Education Policy
Commission or the West Virginia Council for Community and Technical College Education,
the human resource administrator or other designee may be considered the work site
supervisor. In any case where the person who is the work site supervisor is in question, the
state board, the Chancellor for Higher Education or the Chancellor for Community and
Technical College Education, whichever entity has jurisdiction over the work site, shall
designate the supervisor.
(5) The state board, the Chancellor fgor Higher Education and the Chancellor for Community
and Technical College Education shall ascertain the names of all work site supervisors under
their jurisdiction and transmite a list of the names of the work site supervisors to the
Consolidated Public Retirement Board on or before March 31, 2008.
(k) The Consolidated Public Retirement Board, or its designee, shall record the receipt of all
written documents authorizing the transfer so that it knows the percentage of contributing
members of the Teachers' Defined Contribution Retirement System that have submitted the
written documents by work site and by county.
(l) NWotwithstanding any other provision of this article to the contrary, any member of the
Teachers Defined Contribution Retirement System who was erroneously identified by the
employer as being a member of the Teachers Retirement System and who did not have at
least $1 in the Teachers Defined Contribution Retirement System on December 31, 2007,
and therefore was denied an opportunity to select transfer as determined by the
Consolidated Public Retirement Board, shall be provided promptly with an opportunity to
select membership in the Teachers Retirement System. The Consolidated Public Retirement
Board is authorized to establish procedures and time periods to provide notice, education,
selection opportunity and transfer for these members to correct the erroneous assignment to
the Teachers Retirement System.

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