Deputy Pensions Could Cost W.Va. Counties More

By: Associated Press
By: Associated Press

Charleston, W.Va. (AP) -- West Virginia's counties could have to pay more for deputy pensions to keep the retirement fund solvent.

The Charleston Daily Mail reports that the state consolidated public retirement board is considering whether to increase the counties' payments to the deputy sheriff retirement system.

Counties pay about $4.3 million a year into the retirement fund now. It's separate from the larger public employees retirement system.

Retirement board acting executive director terasa miller says additional money is needed to keep the deputy pension fund solvent.

The retirement board was scheduled to meet Wednesday.

(Copyright 2011 by the Associated Press. All rights reserved.)

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