17 March 2008

Lawmakers Heading Home

Sunday saw 11th-hour passage of teacher pension merger legislation, and several other measures placed by Gov. Joe Manchin on a special session agenda, following approval of a new state budget.

Both The Associated Press and The Charleston Gazette were on hand for the duration.

The budget bill includes $3.9 billion in general revenue and $10.4 billion in overall spending.

The Gazette also reports separately on the teacher pension transfer bill, while AP examines some of the surrounding issues.

3 comments:

clear eyes said...

What I'd like to know is how much of my tax dollars will be used to reward the teachers who made poor choices in their 401ks.

Lawbot said...

Charleston is finally safe again.

Anonymous said...

I like the opening paragraph:
"Legislators Sunday night approved a compromise plan intended to allow teachers and school personnel stuck with severely underfunded 401(k) style pension funds to switch to the Teachers Retirement System."

He left out the words "even more underfunded" in front of Teachers Retirement System.