The Times West Virginian

October 12, 2012

OPEB solution brings relief

Funds are freed up to educate students

By Jessica Borders
Times West Virginian

FAIRMONT — County and state officials are relieved to have a solution for the problems with other post-employment benefits, known as OPEB, in West Virginia.

OPEB refers to health-care benefits paid to retirees after their retirement date.

In West Virginia and its school districts, people who retire from the state are able to continue carrying health insurance through the Public Employees Insurance Agency, or PEIA. The insurance is subsidized by the state government, said Kim Wade, treasurer for Marion County Schools.

He explained that PEIA previously said that workers with the county boards of education were not employees of the state but of the county.

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