News

Story brings attention to unfunded health care benefits

Bill Bergman  |  December 13, 2018

“Thank you for Jordan Nelson’s recent article 'PEIA Task Force adopts recommendations.' West Virginia should welcome efforts to address the state’s accumulation of almost $2 billion in unfunded government retiree health care benefit obligations. One reason why these liabilities have mushroomed is that, for decades, state and local governments did not have to include this debt on their balance sheet under government accounting standards. …” 

Read the full article on: The Register-Herald

 
 
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