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Introduced Version House Concurrent Resolution 35 History

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HOUSE CONCURRENT RESOLUTION NO. 35

(By Delegates Stalnaker, Amores, Anderson, Argento, Ashley, Azinger, Barker, Beach, Beane, Blair, Boggs, Brown, Browning, Butcher, Campbell, Cann, Canterbury, Caputo, Carmichael, Craig, Crosier, Doyle, Duke, Eldridge, Ellem, Evans, Fragale, Frederick, Frich, Hamilton, Hartman, Hatfield, Houston, Howard, Hrutkay, Hunt, Iaquinta, Kominar, Leggett, Long, Longstreth, Louisos, Manchin, Marshall, Martin, Michael, Miley, Moore, Morgan, Palumbo, Paxton, Perdue, Perry, Pethtel, Pino, Poling, Porter, Proudfoot, Roberts, Romine, Rowan, Sobonya, Spencer, Staton, Stemple, Stephens Stevens, Sumner, Susman, Swartzmiller, Tabb, Talbott, Tansill, Ron Thompson, Rick Thompson, Tucker, Varner, Wakim, Walters, Webster, Wells, G. White, H. White, Williams and Wysong)




Commemorating the Silver Haired Legislature and honoring its request that the Governor and the Legislature remind the PEIA Finance Board that the retirees of the State of West Virginia are not subject to the 80/20 mandate of the 2001 Senate Bill 1003.

Whereas, Retirement income does not keep pace with the rising costs of living; and
Whereas, Living expenses, such as costs of food, utilities, personal and real estate property taxes and transportation costs for gasoline and insurance have risen and will continue to increase; and
Whereas, The cost of medical expenses, including prescription drugs, doctor visits, medical procedures, hospitalization, and ambulance transportation have all risen and will continue to do so; and
Whereas, Public retirees have not received an increase in their pensions since 2001 and not all public retirees received an increase at that time; and
Whereas, PEIA is projecting an ending reserve for 2007 of approximately $163,000,000 and is presently in an excellent financial position; and
Whereas, The PEIA Plan Year Report for 2004, dated November 19, 2002, page 3, states, "The mandate (80/20) does not apply to retirees or nonstate entities; therefore, be it
Resolved by the Legislature of West Virginia:
That the Governor of West Virginia and the West Virginia Legislature inform the PEIA Finance Board that retirees do not come under the 80/20 mandate of Senate Bill 1003, enacted in 2001, and that the PEIA Finance Board should mandate no more than a five percent increase in premiums for retirees in any Plan Year.
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