Manage Your Retirement Plan
For the latest information on retirement plans, visit the West Virginia Consolidated Public Retirement Board's "Teachers' Retirement System" page.
If you are already retired, you can manage your retirement on the West Virginia Consolidated Public Retirement Board's Retiree page.
Retirement seminars are usually held in the fall around the state to provide information to those considering retirement during the current year or in the next few years. When these seminars are announced, the date and location will be posted here. Usually the closest location is in Martinsburg. Check back periodically for updated information.
File Retirement Paperwork
Once you are certain you are going to retire you will need to file with the retirement board and complete paperwork which must be verified by the county payroll department. Contact Rhonda Park for assistance by phone at 304-822-3528, ext. 135 or email Rhonda Park.
Teachers' Retirement System (TRS)
The Teachers' Retirement System is a defined benefit plan. An active member contributes 6% of his or her gross monthly salary into the retirement plan. For employees who were members prior to July 1, 1991, the employer contributes an additional 15% of the member's gross monthly salary into the plan. For member's hired for the first time on or after July 1, 2005 or for member's who transferred from the Teachers' Defined Contribution (TDC) System, the employer contributes an additional 7.5% of the member's gross monthly salary into the plan.
Teachers' Defined Contribution (TDC) System
The Teachers Defined Contribution Retirement System is a multiple employer governmental defined contribution money purchase pension plan, qualified under section 401(a) for employees who were hired between July 1, 1991 and June 30, 2005 or older employees who transferred to it. It is closed to new membership.