W.Va. Gov to Sign Bill Tackling Retiree Costs

By: The Associated Press Email
By: The Associated Press Email

CHARLESTON, W.Va. (AP) -- West Virginia's county school boards are getting a $485 million break from retiree health care costs.

That's one estimated effect of legislation that Gov. Earl Ray Tomblin plans to sign Monday to address so-called other post-employment benefits.

These non-pension costs are also known as OPEB. They mostly reflect health coverage promised to public employees once they retire.

County school boards have complained for years that the state should shoulder the bulk of these costs. That's because the state school aid formula funds at least 80 percent of a county's teachers and school personnel.

Proposed by Tomblin, the legislation dedicates annual tax revenues toward these costs. It embraces various medical cost-cutting measures and changes benefits for future retirees.

Some groups representing retirees say some of these steps are unfair.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WSAZ NewsChannel 3 645 Fifth Avenue Huntington, WV 25701 304-697-4780 WSAZ Charleston 111 Columbia Avenue Charleston, WV 25302 304-344-3521
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 139703663 - wsaz.com/a?a=139703663