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W.Va. Legislative News from WCHS-TV8 Eyewitness News Online

Hopes dim for municipal pension relief measure as time runs out
March 06, 2008 3:43 PM

CHARLESTON, W.Va.
The clock is ticking on a proposed legislative aid package for cities and town across West Virginia saddled by pension debts.



Complaints from volunteer firefighters threatened to derail the Senate-passed measure, which would offer state revenues and other resources for municipal police and fire pension funds.

A House Finance subcommittee amended the bill Thursday to offer those departments money to recruit and retain members.

But with the session ending midnight Saturday, delegates will be hard-pressed to pass those changes back to the Senate in time.

Municipalities across the state say their pension programs are already woefully underfunded. The larger cities warn that without state help, they may soon prove unable to keep up with required payments.




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Hopes dim for municipal pension relief measure as time runs out


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