West Virginia 2024 Regular Session

West Virginia Senate Bill SB502

Introduced
1/22/24  
Refer
1/22/24  
Report Pass
1/26/24  

Caption

Allowing Teachers Retirement System members to exchange unused leave for monetary compensation

Impact

The proposed legislation is expected to have positive implications for absenteeism rates among educators. By offering a financial incentive, it addresses one of the persistent challenges in the education sector—teacher absenteeism. The compensation structure may not only motivate teachers to utilize their leave more judiciously but also contribute to a more stable educational environment for students. Additionally, this policy change may serve to enhance teacher job satisfaction and retention, as it recognizes and rewards their extra commitment to maintaining attendance.

Summary

Senate Bill 502 aims to amend existing educational laws in West Virginia to provide members of the Teachers Retirement System, who joined on or after July 1, 2015, an opportunity to sell a limited number of unused personal leave days for monetary compensation. Specifically, the bill allows eligible teachers to exchange up to ten days of unused leave for a cash bonus calculated at 80% of the pay rate typically associated with substitute teachers having a Bachelor's degree and ten years of experience. This initiative is designed to encourage teacher attendance and reduce absenteeism in schools.

Sentiment

The sentiment surrounding SB502 appears to be largely supportive among educators and some legislators who see the merit in incentivizing attendance. Proponents argue that this approach will lead to greater teacher accountability and stability within schools, benefiting both educators and students alike. However, there may also be apprehensions regarding the overall effectiveness of this measure in addressing deeper systemic issues related to teacher retention and job satisfaction.

Contention

Despite the positive intentions behind SB502, some concerns may arise regarding the potential financial implications for county boards and the sustainability of offering such bonuses. Critics may argue that the bill could inadvertently create disparities among teachers based on their ability to accumulate personal leave days, thus raising questions about fairness. Additionally, ensuring adequate funding for these bonuses could be a point of contention, as educational budgets are often already constrained.

Companion Bills

No companion bills found.

Previously Filed As

WV SB81

Allowing Tier II Teachers Retirement System members to apply accrued annual and sick leave toward an increase in retirement benefits

WV SB451

Relating to Teachers Retirement System and Teachers’ Defined Contribution Retirement System

WV HB3236

Relating to the Teachers Retirement System and the Teachers’ Defined Contribution Retirement System

WV SB46

Allowing WV Professional Charter School Board to vote for employees to participate in Teachers’ Retirement System

WV HB2134

To modify the teacher retirement system so that Tier 2 teachers may use annual/sick leave towards retirement

WV HB3028

To allow teachers can bank sick leave for years of service and/or insurance payments.

WV HB3234

Relating to disability retirement medical examinations of public employee retirement systems

WV SB237

Relating to Public Employees Retirement System and State Teachers Retirement System

WV HB3292

To expand the EMS retirement system

WV SB206

Increasing retirement benefit multiplier of Deputy Sherriff Retirement System Act

Similar Bills

No similar bills found.