West Virginia 2021 Regular Session Status: Enacted 2 R cosponsors

HB 2829 — Providing for the amortization of annual funding deficiencies for municipal police or firefighter pension and relief funds

Last action — Chapter 74, Acts, Regular Session, 2021

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House of Delegates
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced March 02, 2021. Enacted.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 50% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 6 sponsors

    1 primary, 5 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 R).

  • Failed a recorded vote

    Failed 1 recorded vote so far — a real headwind.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

What changed in the latest version

62 added · 35 removed

Plain-language change summary

The latest version of Bill HB 2829 includes a requirement that municipalities may not reduce their increased pension contributions until their funds show no actuarial deficiencies. This ensures that municipalities remain committed to supporting their pension systems, providing more stability for members relying on the funds. Additionally, it clarifies that the state is not responsible for any municipality's contribution decisions. These changes aim to enhance the financial health of local pension funds and protect the benefits for retirees.

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NEWS RELEASES HELPFUL LINKS Introduced Version « House Bill 2829 History OTHER VERSIONS  —  Enrolled Version - Final Version  |   |  Email Key:
NEWS RELEASES HELPFUL LINKS Enrolled Version - Final Version « House Bill 2829 History OTHER VERSIONS  —  Introduced Version  |   |  Email Key:
Red = new code to be enacted WEST virginia legislature regular session Introduced House Bill 2829 By Delegates Storch, Gearheart, Pethtel, Evans, Anderson and J.
Red = new code to be enacted WEST virginia legislature regular session ENROLLED House Bill 2829 By Delegates Storch, Gearheart, Pethtel, Evans, Anderson and J.
Pack (By Request of the Municipal Pensions Oversight Board) [Introduced March 02, 2021;
Pack (By Request of the Municipal Pensions Oversight Board) [Passed April 6, 2021;
referred to the Committee on the Pensions and Retirement then Finance]   A BILL to amend and reenact §8-22-20 of the Code of West Virginia, 1931, as amended, relating to the amortization of annual impacts on funding deficiencies due to new gains or losses on assets and liabilities and changes in actuarial assumptions.
in effect ninety days from passage.]   AN ACT to amend and reenact §8-22-20 of the Code of West Virginia, 1931, as amended, relating to the amortization of annual impacts on funding deficiencies due to new gains or losses on assets and liabilities and changes in actuarial assumptions.
(6) the extent to which the qualified actuary relies on the data provided and whether the data was certified by the funds fund’s auditor or examined by the qualified actuary for reasonableness;
(6) the extent to which the qualified actuary relies on the data provided and whether the data was certified by the fund’s auditor or examined by the qualified actuary for reasonableness;
  NOTE:
The Joint Committee on Enrolled Bills hereby certifies that the foregoing bill is correctly enrolled.
The purpose of this bill is to provide for the amortization of annual funding deficiencies because of gains or losses on assets and liabilities or changes in actuarial assumptions for municipal police or firefighter pension and relief funds.
    ...............................................................
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.
        Chairman, House Committee                          ...............................................................
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                             Chairman, Senate Committee                                                       Originating in the House.
  In effect ninety days from passage.
    ...............................................................
                  Clerk of the House of Delegates                          ...............................................................
                                                   Clerk of the Senate                                         ...............................................................
                                            Speaker of the House of Delegates                                                                 ...............................................................
                                                                           President of the Senate     __________             The within ...................................................
this the...........................................
  day of ..........................................................................................................., 2021.
                                                    .............................................................
                                                                                                Governor Bill Status  |  Bill Tracking  |  Legacy WV Code  |  Bulletin Board  |  District Maps  |  Senate Roster  |  House Roster  |  Live  |  Blog  |  Jobs  |  Links  |  Home This Web site is maintained by the West Virginia Legislature's Office of Reference & Information.
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Action History

  1. Chapter 74, Acts, Regular Session, 2021

  2. Approved by Governor 4/21/21

  3. To Governor 4/14/21

  4. Approved by Governor 4/21/21 - Senate Journal

  5. Approved by Governor 4/21/21 - House Journal

  6. To Governor 4/14/21 - House Journal

  7. To Governor 4/14/21 - Senate Journal

  8. House received Senate message

  9. Completed legislative action

  10. Communicated to House

  11. Passed Senate (Roll No. 326)

  12. Read 3rd time

  13. On 3rd reading

  14. Read 2nd time

  15. On 2nd reading

  16. Read 1st time

  17. On 1st reading

  18. Reported do pass

  19. To Pensions

  20. To Pensions

  21. Introduced in Senate

  22. Communicated to Senate

  23. Passed House (Roll No. 241)

  24. Read 3rd time

  25. On 3rd reading, Special Calendar

  26. Read 2nd time

  27. On 2nd reading, Special Calendar

  28. Read 1st time

  29. On 1st reading, Special Calendar

  30. Do pass

  31. To House Finance

  32. Do pass, but first to Finance

  33. To House Pensions and Retirement

  34. Introduced in House

  35. To Pensions and Retirement then Finance

  36. Filed for introduction

Sponsors

Sponsorship breakdown

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1 sponsors · 5 co-sponsors · 146 not signed on

Sponsors (1)

  • Storch

Co-sponsors (5)

Not signed on (146)

146 members have not signed on to this bill.

Show all 146 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

public-safety finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 2829?
HB 2829 is sponsored by Storch, Marty Gearheart (Republican), Pethtel, Evans, William Anderson (Republican), and Pack, J..
What is the current status of HB 2829?
This bill has been enacted into law. Introduced March 02, 2021. Enacted.
Where can I track HB 2829?
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