Tomblin Signs Retiree Health Benefits Funding Bill

{Charleston, West  Virginia}...Monday afternoon, Governor Earl Ray Tomblin signed a bill that outlines how to fund the West Virginia Retiree Health Benefit Trust Fund. The House debated it heavily and passed it February 9th, and the measure completed the legislative process February 10th. The measure dedicates $30 million each year to the West Virginia Retiree Health Benefit Trust Fund and an additional $5 million yearly to a separate trust fund for public workers hired after July 1, 2010. The annual transfers would pay down the $5 billion debt by 2036.