West Virginia Code 5-10-47 – Benefits exempt from taxes
Current as of: 2023 | Check for updates
|
Other versions
The annuities and other benefits provided by this article, and the assets of the retirement system, are hereby exempt from state, county and municipal taxes.
Terms Used In West Virginia Code 5-10-47
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Retirement: means a member's withdrawal from the employ of a participating public employer and the commencement of an annuity by the retirement system. See West Virginia Code 5-10-2
- State: means the State of West Virginia. See West Virginia Code 5-10-2
- system: means the West Virginia Public Employees Retirement System created and established by this article. See West Virginia Code 5-10-2