West Virginia's Public Employees Retirement System Association (PERSA) is the voice for more than 36,000 current and 20,000 retired municipal, county and state employees and their families in West Virginia. Our association represents the heartbeat of all state and local government functions - serving as an advocate for employee benefits and acting as a watchdog to protect your retirement funds.

Help us continue serving as your voice by signing up and becoming a member today!

Thinking About Your Retirement? So Are We

Recognizing there is strength in numbers, PERSA needs your support to continue waging the battle to protect your retirement benefits. In return for your membership, PERSA commits to fighting for:
  • Preventing the misuse of retirement funds for other than retiree benefits,
  • Automatic annual pension increases, and
  • Working to prevent PEIA and other agencies from further eroding retiree pensions.

News

May 19, 2014

PERSA Newsletter (January—March 2014) 

The PERSA Newsletter (January—March 2014) is now available:
February 23, 2014

PERSA Newsletter (October-December 2013) 

The PERSA Newsletter (October-December 2013) is now available:
December 24, 2013

Board of Directors and Annual Meeting Minutes

The following Persa Board of Directors and Annual Meeting Minutes are now available:
July 7, 2013

Board of Directors Meeting Minutes

The following Persa Board of Directors meeting minutes are now available:
March 9, 2013

Board of Directors Meeting Minutes
Minutes from the January 28, 2013 Persa Board of Directors meeting minutes are available here.

February 3, 2013

Board of Directors and Annual Meeting Minutes

The following Persa Board of Directors and Annual Meeting Minutes are now available:
November 11, 2012

Board of Directors Meeting Minutes

The following Persa Board of Directors meeting minutes are now available:
September 3, 2012

Board of Directors Meeting Minutes

The following Persa Board of Directors meeting minutes are now available:
August 12, 2012

Board of Directors Meeting Minutes
Minutes from the June 11, 2012 Persa Board of Directors meeting minutes are available here.

 
May 28, 2012

Board of Directors Meeting Minutes

Minutes from the March 19, 2012 Persa Board of Directors meeting minutes are available here.
 

May 28, 2012

Board of Directors Meeting Minutes

Minutes from the February 27, 2012 Persa Board of Directors meeting minutes are available here.
 

March 4, 2012

Board of Directors Meeting Minutes

Minutes from the January 23, 2012 Persa Board of Directors meeting are available here.
 

February 4, 2012

Employee Contribution Cap

The WV Association of Counties is supporting Kanawha County's effort to put back into code a cap on the amount of employer contribution to the Public Employees Retirement System. The cap was in code at 10.5% until 2005 and then on the last day of the session an over 100 page amendment, among other things, eliminated that cap. Since then, the Consolidated Public Retirement Board has sole authority to set the employer contribution and it is currently at 14.5%. Due to good investment returns for the last two years, the CPRB reduced it to 14% beginning July 1, 2012. We still support a cap or some other means of legislative accountability put back into statute, as stated in SB 150.

The Investment Management Board has added a requirement that Committee Representatives and Advisory Members must attend at least two of the four regularly scheduled quarterly meetings in order to retain their position on the board. They have also eliminated the requirement that Committee Representatives and Advisory Members must have 12 hours of continuing education annually and have changed the policy to state that continuing education is encouraged. Trustees are still required to have have annual continuing education credits.

August 22, 2011

President's Comments by Nelson Fowler

PERSA was formed in 1988 in response to an attempted raid on Public Employee Retirement System pension funds. Legal action by PERSA was taken all the way to the West Virginia Supreme Court to compel the Governor and legislators to cease and desist from removing monies from the retirement trust and transferring them to the State’s General Fund. PERSA prevailed. This situation arose again in 1991; PERSA again acted, and again was successful.

In the recent 2011 legislative session, another raid on the retirement trust fund, Senate Bill 606, was attempted by the Acting Governor and others to “borrow” $114 million to complete the parkways development of U.S. Route 35 in Mason and Putnam counties. This most recent attempted raid of your pension dollars emphasizes the need for PERSA as a fiscal “watchdog” of these funds which are held in trust for retired public employees.

Your membership in this association is in your best interest to: (1) Block raids such as this which jeopardize your livelihood as retirees, and (2) Enable us to continue to advocate retiree issues before our legislators.

PERSA intends to form local county groups from our membership in the near future to keep your local legislators informed about retiree issues. More information will be provided at a later date about these advocacy groups and how you can become a part of them. This is a renewed effort to keep the needs of retirees in the public forum and on the agenda of each and every member of the Legislature. Only with your support will we succeed.