WVML Press

: 07/01/2009

Nineteen cities across the state have elected to participate in West Virginia Retirement Plus, a 457 deferred compensation plan that cities, counties and other political subdivisions may offer their employees.

South Charleston, St. Albans, Dunbar and Ripley are among cities that make the plan available. A total of 30 counties, including Kanawha and Raleigh, offer the plan to their employees.

“We’re thrilled that these initial cities have seen fit to make the plan available,” State Treasurer John Perdue said. “We trust those numbers will continue to rise as more cities, counties and other entities understand what we can do for them.”