West Virginia Code § 5-10-21a

Deferred retirement and early retirement for new members as of July 1,
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2015.
(a) Any person who first becomes a member of the retirement system on or after July 1,
2015, who has ten or more years of contributing service and who leaves the employ of a
participating public employer prior to attaining age sixty-two years for any reason except his
or her disability or death, is entitled to an annuity computed according to seection twenty-two
of this article, as that section was in force as of the date of his or her separation from the
employ of a participating public employer: Provided, That he or she doers not withdraw his or
her accumulated contributions from the members' deposit fund: Provided, however, That his
or her annuity shall begin the first day of the calendar month next following the month in
which his or her application for same is filed with the board of trustees on or after his or her
attaining age sixty-four years. t
(b) Any member who qualifies for deferred retirement benefits in accordance with
subsection (a) of this section and has twenty or more years of contributing service in force is
entitled to an annuity computed as in subsection (a) of this section: Provided, That his or her
annuity shall begin the first day of the calendasr month next following the month in which his
or her application for same is filed with the board of trustees on or after his or her attaining
age sixty-three.
(c) Notwithstanding any of the other provisions of this section or of this article, except
sections twenty-seven-a and tweenty-seven-b of this article, and pursuant to rules
promulgated by the board, any member who first becomes a member of the retirement
system on or after July 1L, 2015, has ten or more years of contributing service in force, is
currently employed by a participating public employer and who elects to take early
retirement, which for the purposes of this subsection means retirement following attainment
of age sixty but prior to attaining age sixty-two, is entitled to the full computation of annuity
according to section twenty-two of this article but with the reduced actuarial equivalent of
the annuity the member would have received if his or her benefit had commenced at age
sixtWy-two when he or she would have been entitled to full computation of benefit without any
reduction: Provided, That his or her annuity shall begin the first day of the calendar month
next following the month in which his or her application for same is filed with the board of
trustees on or after his or her attaining age sixty.
(d) Any member who first becomes a member of the retirement system on or after July 1,
2015, and has twenty or more years of contributing service in force, is currently employed
by a participating public employer and who elects to take early retirement, which for the
purposes of this subsection means retirement following attainment of age fifty-seven but
prior to attaining age sixty-two, is entitled to the full computation of annuity according to
section twenty-two of this article but with the reduced actuarial equivalent of the annuity the
member would have received if his or her benefit had commenced at age sixty-two when he
or she would have been entitled to full computation of benefit without any reduction:
Provided, That his or her annuity shall begin the first day of the calendar month next
following the month in which his or her application for same is filed with the board of
trustees on or after his or her attaining age fifty-seven.
(e) Any member who first becomes a member of the retirement system on or after July 1,
2015, and has thirty or more years of contributing service in force, and who elects to take
early retirement, which for the purposes of this subsection means retirement following
attainment of age fifty-five but prior to attaining age sixty-two, is entitled to the full
computation of annuity according to section twenty-two of this article but weith the reduced
actuarial equivalent of the annuity the member would have received if his or her benefit had
commenced at age sixty-two when he or she would have been entitled tro full computation of
benefit without any reduction: Provided, That his or her annuity shall begin the first day of
the calendar month next following the month in which his or her application for same is filed
with the board of trustees on or after his or her attaining age fifty-five.

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