Monday, January 28, 2008
West Virginia Teachers Want Retirement Benefits
Without heolp, some West Virginia teachers say they can't retire, even though they're eligible. 19,000 teachers in the state get retirement benefits from 401-K plans instead of pensions.
A majority of teachers voted to merge with the regular pension fund in 2005, while others sued to stop the merger and won.
now, some want to join individually, and are pushing Governor Manchin and the Legislature to allow them to join. Sharon Spencer, House Pensions and Retirement Chairwoman, expects Manchin to propose merger legislation soon.
A majority of teachers voted to merge with the regular pension fund in 2005, while others sued to stop the merger and won.
now, some want to join individually, and are pushing Governor Manchin and the Legislature to allow them to join. Sharon Spencer, House Pensions and Retirement Chairwoman, expects Manchin to propose merger legislation soon.
# posted by Homer Owens @ 4:33 AM 
