30 July 2009

PEIA Board to Vote, Again, on Retiree Subsidies (Updated)

Future West Virginia employees could lose a major perk, and with it a huge funding headache for the state, if the Public Employees Insurance Agency sticks with its initial proposal to end retiree health subsidies.

The Associated Press previews Thursday's finance board meeting, as does MetroNews and The Charleston Gazette.

(Update: The board affirmed a halt to future subsidies, but delayed the change six month so it starts with employees hired after June 2010. AP has details, as does The Charleston Gazette and MetroNews.)

The board meets " in the wake of public hearings held across the state to air the subsidy question," AP explains. "Board members voted earlier to halt subsidies for employees hired after this year. They then held off a final decision to allow public input, but may still face a legal challenge over its handling of the issue."

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