Pension fund payments eyed as a way to fill budget gap
By Brad McElhinny, WV MetroNews
CHARLESTON, W.Va. — West Virginia legislative leaders are looking for flexibility in the state’s pension funding to make a dent in the current half-billion dollar budget gap.
An idea being floated by House Finance Chairman Eric Nelson would refinance the state’s pension debt, which is currently scheduled to be paid off in 2034. The refinancing would extend the payments...