Pension Task Force News Today

The Economic and Financial Crimes Commission (EFCC) has investigated 31 state governors for corruption and taken...

Vermont lawmakers on Wednesday pushed back against criticism from Gov. Phil Scott that their proposed $8 billion state budget and $200 million pension rescue plans...

Steve Oronsaye, former Head of Service of the Federation disowns 66 bank accounts which EFCC alleged he used to siphon pension funds.

A former Head of Service of the Federation (HoSF), Steven Oronsaye, on Thursday at the Federal High Court in Abuja denied any involvement in the

A key discussion point is whether the city can commit long-term to maintaining its police force, which has declined in recent years as budget pressures have grown.

However, a task force says a local tax increase could eliminate the need to reduce the number of city workers.

Business The unemployment bill formerly known as S.10 – Business owners had their most challenging year in memory. Many hoped that the legislature, knowing this, would have sought to offset their challenges. Unfortunately leveling unemployment tax rates was considered by some to be too much help. One of the most contentious negotiations of the session centered on the formula that determines the Unemployment Insurance Trust Fund balance. Recent years unemployment rates are entered into the cal...

[co-author: Jessica Griswold] Senate passes budget On Friday, the Senate gave final approval to the $7.17 billion FY 2022 budget, H.439. Senate Appropriations Chair Jane Kitchel, D-Caledonia, called it “as complicated a budget as I’ve ever had to put together in my time in the Senate” due to the flood of federal aid to Vermont for coronavirus relief and an unexpected $211 million revenue surplus. The bill spends $478.5 million in federal American Rescue Plan Act funds, while incorporating...

We are in the home stretch of the 2021 Legislative Session. COVID-19 cases are on the decline, Vermonters are lining up for vaccinations, and spring has arrived in Vermont. It’s hard to believe it was only a year ago that we were resigning ourselves to the reality that our somewhat predictable way of life had become uncertain and unpredictable. Schools went on line, businesses shut down, travel halted, and family members sheltered in place. The spigot, as Governor Scott would refer to duri...

Dont miss the big stories. Like us on Facebook.   Vermonters deeply value our teachers, troopers and state employees. Many of the most active and engaged citizens in small town Vermont are retired state workers and teachers. While these public servants do not make as much as they might in a private sector career, the opportunity to earn a pension and have the guarantee of income in retirement is key to the recruitment and retention of these important workers, and a huge benefit to our local ...