W.Va. Senate passes pay increase for most judges
CHARLESTON, W.Va. (AP) — The West Virginia Senate has passed a bill that would result in an increase in take-home pay for about 60 percent of the state’s judges.
The bill passed Wednesday unanimously lowers the amount that judges pay into their pension plan. Forty-one of the state’s 70 judges participate in the plan.
The pension plan is funded by employer and employee contributions. It is currently overfunded.
The bill would reduce judges’ contributions from 10.5 to 7 percent of their salaries for the next fiscal year. After that the contribution rate would be set by the fund’s actuaries.
Senate Majority Leader John Unger said the change would mean a $4,160 pay increase for affected judges.
Court administrators said that the fund has consistently returned excess money to the state.