West Virginia Teachers’ Pension Plan Revised—Yet Again
After years of revisions and legal wrangling over West Virginia’s financially strapped teacher-retirement system, state lawmakers have finally come up with a plan they hope will settle the matter.
Now it’s up to the teachers.
The latest pension proposal, approved in the legislature’s recently concluded special session, offers teachers a chance to move from a 401(k)-style defined-contribution retirement system to a defined-benefit program that would give teachers a...
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