W. Va. Code R. § 162-9-19

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 162-9-19 - West Virginia State Police Retirement System Annuity Option

19.1. Any member married at the time of entering retirement status or any disability retirant married at the time of recalculation may elect a one hundred percent (100%) Joint & Survivor annuity and receive monthly payments for his or her lifetime as provided in W. Va. Code § 15-2A-14. If the retirant dies prior to the spouse surviving at the date of death, the monthly benefit would be continued in the same amount to the surviving spouse for his or her lifetime or until he or she remarries. If there is no surviving spouse or if the surviving spouse remarries or dies, then payments are to be paid to the dependent children or dependent parents of the deceased retirant as provided in W. Va. Code § 15-2A-14(a).

19.2. Option chosen final. When a member chooses a retirement option, that option is final. A surviving spouse cannot affect or change the option chosen by the member.