Page 5 - Funding Task News Today

Members of the Emporia Recreation Commission and Rec Center staff presented initial findings on a possible expansion of the recreation center to the Emporia City Commission at its meeting Wednesday.

The 2023 Regular Session of the Connecticut General Assembly concluded on June 7, 2023.  The following is a brief description of acts that were passed by the General Assembly that may...

Unrealistic assumptions increased pension liabilities by $199 million, which is 99.5% of the extra, one-time payment of $200 million made by the state as part of the 2022 legislation.

Academic Provost and Vice President Susan Tighe delivered the State of the Academy Address on Mar. 1, which was interrupted by a protest about graduate student funding On Mar. 1 at 2:30 p.m., Academic Provost & Vice-President Susan Tighe gave the State of the Academy address, which covered M ...

The state pension plans are terribly underfunded. Last year an effort was made to rescue them. But the task force recommendations were put aside after strong pushback from the two unions representing the employees of these programs.

Message from Montpelier is a column written by Colchesters representatives during the legislative session.

MONTPELIER, Vt. (AP) — A panel of lawmakers and union representatives has voted to endorse a plan to make up some of the short fall in pension funding for state employees. Under the proposal approved unanimously Monday, the state would allocate $300 million to unfunded pension liabilities this year, Vermont Public Radio reported .

MONTPELIER, Vt. (AP) — A panel of lawmakers and union representatives has voted to endorse a plan to make up some of the short fall in pension funding for state employees. Under the proposal approved unanimously Monday, the state would allocate $300 million to unfunded pension liabilities this year, Vermont Public Radio reported .

Recommendations were made for both the Vermont State Employees' Retirement and Vermont State Teacher's Retirement pension funds.

After multiple meetings spanning several months, a legislature-formed Vermont panel tasked with digging into potential solutions for tackling the state’s ongoing public sector pension debt dilemma could bring forward recommendations at the next scheduled session.