West Virginia public pension investments generate $27.5 million in 2024

West Virginia  Senate President - Lt. Governor Craig Blair
West Virginia Senate President - Lt. Governor Craig Blair
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West Virginia public pension investment earnings reached $27.5 million in 2024, an increase from $25.9 million in 2023, based on data from the U.S. Census Bureau’s Annual Survey of Public Pensions.

The U.S. Census Bureau’s Annual Survey of Public Pensions examines defined-benefit pension systems organized by government entities whose members are public employees paid using public funds. For this survey, local governments include counties, municipalities, townships, school districts, and special districts.

This survey collects information on revenues, expenditures, financial assets, and membership for these pension systems, and some questionnaires request added details such as liabilities.

Response rates vary by data item because not all participants supply complete information, which affects what data is included in the published tables.

As of 2025, nine states do not impose a broad-based personal income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. There are specific provisions for investment or capital gains taxes in New Hampshire and Washington.

West Virginia included information from 66 pension systems—nine at the state level and 57 at the local level. In total, there were 189,911 pension system members, with 185,191 at the state level and 4,720 at the local level.

This article uses data available from the U.S. Census Bureau’s Annual Survey of Public Pensions. Source details can be accessed here.



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