TITLE

West Virginia Session to Weigh New Governor's Debt Plans

AUTHOR(S)
Newman, Emily
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/26/2005, Vol. 351 Issue 32057, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
15821896

 

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