West Virginia Session to Weigh New Governor's Debt Plans

Newman, Emily
January 2005
Bond Buyer;1/26/2005, Vol. 351 Issue 32057, p7
Trade Publication
This article reports that as the West Virginia Legislature's special session goes into full swing, lawmakers will focus on a handful of bond-related measures introduced Monday by Governor Joe Manchin 3d. Standard & Poor's analyst Jeffrey Panger, who has noted that West Virginia's pension system is among the worst-funded in the nation, said the sale of pension bonds could have both good and bad points. West Virginia's large liability includes annual payments that will increase by roughly $20 million per year.


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