WV PSC Sets Public Hearings On Proposed AEP 17 Percent Rate Hike

Posted on 10/31/2014 by | AARP West Virginia | Comments

Money & Work AARP West Virginia is encouraging West Virginians served by Appalachian Power and Wheeling Power, American Electric Power’s (AEP) operating electric utility providers in the Mountain State, to attend a series of upcoming public hearings, as the Public Service Commission of West Virginia (WV PSC) considers approval of a proposed 17 percent rate hike that will impact approximately 476,000 customers in 23 West Virginia counties. Earlier this year, AEP filed a request with the WV PSC for a $226 million increase …

Take a Bite Out of Fraud

Posted on 10/1/2014 by | AARP Blog Author | Comments

Money & Work AARP invites West Virginians to help quash fraud in the Mountain State by joining its Fraud Watch Network. The network provides information that can help people safeguard themselves from identity theft and keep scammers’ mitts off their nest eggs. Anyone of any age can sign up for watchdog alerts to find out which scams are rampant, when risks are high and where to attend free information sessions. A 2010 AARP survey found that West Virginians aren’t doing enough to fight …

Operation Scam Jam, Financial Education & Shred Events Highlight 2014 WV Money Smart Week, April 5-12

Posted on 04/1/2014 by | AARP West Virginia | Comments

Money & Work AARP West Virginia and the AARP Foundation are partnering with more than 20 organizations, including the Federal Reserve Bank of Richmond, Federal Trade Commission, and FINRA Investor Education Foundation to promote financial wellness during 2014 West Virginia MoneySmart Week®, April 5 – 12. West Virginia Money Smart Week®(MSW) is part of a multi-state public awareness campaign of the Federal Reserve Bank that stresses the importance of financial literacy, informs consumers where they can get help, and provides free educational seminars …

Be Smart About Your Money

Posted on 04/1/2014 by | AARP Blog Author | Comments

Money & Work AARP West Virginia and the Federal Reserve Bank of Chicago are cosponsoring “Money Smart Week,” April 5-12, to help state residents stay up to speed on personal finance. “Financial literacy isn’t just about making good investments,” said Gaylene Miller, AARP state director. “It means protecting oneself from fraud, getting raises at work and securing good deals on homes and cars—all while preparing for or living in retirement.” West Virginia ranks second among the states in the percentage of residents 65 …

Social Security Is a Financial Lifeline

Posted on 03/1/2014 by | AARP Blog Author | Comments

Money & Work Social Security keeps about 42 percent of West Virginians age 65 and older out of poverty, according to a new study from the AARP Public Policy Institute. About 57 percent of West Virginians age 65 and older rely on Social Security for at least half of their family income—and nearly 29 percent rely on Social Security for 90 percent of their family income. “With the costs of utilities, prescription drugs and groceries on the rise, many West Virginians are struggling …

Helping Job Seekers 50+ Get Back to Work

Posted on 01/1/2014 by | AARP Blog Author | Comments

Money & Work Fifty-plus and looking for work? AARP West Virginia is hosting a series of seminars sponsored by the AARP Foundation Back to Work 50+ program. January is prime time for hiring, and the seminars will help candidates write eye-catching résumés, interview effectively and find local job-skills training. West Virginia’s unemployment rate has dropped since reaching a high of 10 percent in February 2010. But a May 2012 report by the U.S. Government Accountability Office shows workers 55 and older are more …