STATE RETIREES AT RISK OF LOSING PROMISED BENEFITS

(12/08/2010)

West Virginia's public employees who have retired or will retire with the promise of benefits, could get a dose of bad medicine already experienced by millions of American workers who also received promises. They could find out at the time of need, the benefits no longer exist. Solutions have long been delayed. For starters, in WV there is a $7 billion dollar "promise" for retiree healthcare, money the state does not have. The stakeholders include retirees, school boards, universities, current employees, teachers, school service personnel, city and county employees, and others. The biggest stakeholder is WV taxpayers.

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