By: Alayna Degenhardt
Charleston Gazette-Mail reported last week that only 400 public employees filed for retirement compared to the usual 1,000. Why has this sudden change occured?
During the 2018 and 2019 year, public employees across West Virginia saw a pay increase of around 5%. Consolidated Public Retirement Board executive director, Jeffrey Fleck, says this could possibly be the reason public employees are choosing not to retire quite yet.
Is this something good for West Virginia?
Well, if we continue to have public employees choose to keep working instead of retiring what does that say about us? We had to increase the pay of public employees to get them continue working instead of retiring.
On the other hand, it is nice to see that a pay increase has motivated public employees to stay working, but that does mean that people who retire at the correct age have a longer retirement than those that do.
Think about this too. What if you continued to work past your retirement age and once you do decide to retire, you die two years later? What would all those years working past retirement do for you? Nothing besides make you money and over-work you.
For three years now, the United States life expectancy has been on a decline and according to The Denver Post if you want to look at why, just look at WV.
The Denver Post stated, “West Virginia is 94 percent white. That makes it a telling indicator. Nearly 80 percent of the Americans who die each year are white people, and death rates rose in white men and women last year but were flat or falling in blacks and Hispanics.”
At some point, people need to leave the workforce behind. Regardless of the money situation. According to a USA Today post, the number one rule on why you should retire early is because putting off retirement could be risky. Meaning, you never know how long you will live, what your health might be in a year, or how active you will be.

With that being said, West Virginia public employees may need to reconsider their priorities when choosing not to retire. Many factors can weigh into deciding to retire, but it is important to start early when planning to retire.



