West Virginia sees public pension improvements over decade, but still largely underfunded

By WV Watchdog on February 21, 2012

By Steven Allen Adams | West Virginia Watchdog
CHARLESTON — Out of all 50 states, West Virginia saw the largest improvement in its public employee pension funds, but a new report warns that the state has more to do to sure up its pension programs.
The Cato Institute, a libertarian think tank based in Washington, D.C. released [...]

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WatchBlog: Odds are you don’t trust journalists

By westvirginia on October 19, 2011

By Jason Stverak | For the Washington Examiner
WASHINGTON, D.C. — Do you not trust your local news reporters? Believe that network anchormen are politically motivated? If you do, you are not alone.According to a new Gallup poll, a majority of Americans do not have confidence that their media source is reporting the news accurately and [...]

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WatchBlog: Pew Study Points to Work of Franklin Center Journos

By Watchdog Staff on July 26, 2011

By Jason Stverak
For the Washington Examiner
Last week, the Pew Research Center’s Project for Excellence in Journalism released a study examining 46 nonprofit news websites, which have become more prevalent as traditional media outlets have disappeared.
The study, which analyzed 1,203 stories from the month of September 2010, found that more than half of the news sites [...]

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State, Local Pension Accounting Takes a GASB Step Toward Transparency

By westvirginia on July 8, 2011

By Zachary Janowski
The way states and local governments account for pensions is about to change — slowly.
The Governmental Accounting Standards Board, a nonprofit based in Norwalk, Conn., released a draft of changes to pension accounting rules Friday. These changes will first affect government balance sheets in fiscal year 2014.
The most significant change in the proposal [...]

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West Virginia’s Public Pensions Improved Since Recession

By westvirginia on May 5, 2011

By Steven Allen Adams
steven@westvirginiawatchdog.org
Last week the Pew Center on the States dropped a bomb shell, listing West Virginia as the second worst funded public pension program in the nation behind Illinois for fiscal year 2009. According to data from the Consolidated Public Retirement Board, the state’s public pensions have already improved with the state’s economy.
The [...]

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WatchBlog: Pew State Pension, Retirement Crisis Update Shows $3 Trillion Sneak-a-tax

By Watchdog Staff on May 2, 2011

By Frank Keegan
frank.keegan@franklincenterhq.org
Look past Page 1 of the latest Pew Center on the States’ update of retirement promise shortfalls, and you will get an idea how huge it really is. Right now citizens are on the hook for at least a $3 trillion sneak-a-tax increase that is getting bigger fast. Leaders must be honest with [...]

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Officials in West Virginia React to Pew Public Pension Report

By westvirginia on April 28, 2011

By Steven Allen Adams
steven@westvirginiawatchdog.org
Officials are taking different perspectives on a report released Tuesday by the Pew Center on the States that listed West Virginia‘s combined public pension unfunded liability for FY2009 as the second worst in the nation.
The report, titled “The Widening Gap: The Great Recession’s Impact on State Pension and Retiree Health Care Costs,” [...]

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Pew Report Shines Light on West Virginia Public Pensions

By westvirginia on April 26, 2011

The chart above shows the 31 worst funded public pension plans in blue. (Chart/Pew Center on the States)
By Steven Allen Adams
steven@westvirginiawatchdog.org
The latest report from the Pew Center on the State takes a look at public pension debt in all 50 states, but shows that West Virginia is not taking its long-term obligations as seriously as [...]

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WVSEN: Rockefeller, Manchin Praise Cloture Vote on Obama Tax Cut Bill

By westvirginia on December 14, 2010

Sens. Joe Manchin (D-W.Va.) and Jay Rockefeller (D-W.Va.) joined a super majority of their fellow senators in voting in favor of debate on President Barack Obama’s two-year tax-cut extension and 13-unemployment insurance extension; a deal that has left a sour taste in the mouths of those in Congress, but carries large support from the public.
The [...]

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Stverak – Joining the Online News Bandwagon

By westvirginia on October 29, 2010

By Jason Stverak
Howard Kurtz, Peter Goodman, Jim VandeHei, and Richard Johnson are just a few of the many reporters voluntarily exiting the legacy media to join online news ventures.
While many are scratching their heads wondering why these and other talented reporters are leaving the perceived luxurious lifestyle of the traditional media, those who work in [...]

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