John McCabe: Wheeling's Pension Success Was Not An Accident
There may be no more impactful topic over the past quarter-century than how the city of Wheeling handled its police and fire pension issues. This past Tuesday morning, as I read Eric Ayres’ story on the current state of Wheeling’s police and fire pension funds, I recalled my first real introduction into municipal pensions — and their problems — in the early 2000s. I found a news story I wrote in October 2000 outlining how the city then was being required to ingest additional money into the funds — at the time, the annual contribution was about $750,000 each — and then ...