Don't miss the big stories. Like us on Facebook. MONTPELIER â A proposal to expand the committee overseeing the stateâs retirement investments and create a task force to address the pension systemâs multi-billion dollar unfunded liability was voted out of the House Government Operations Committee on Wednesday. The bill, which as a committee draft has yet to be assigned a number, proposes changes to the Vermont Pension Investment Committee, expanding its membership and changing its name. It also establishes a Pensions, Funding and Design Task Force, which will study how the state will reduce its unfunded liabilities and annual payments. The proposed fiscal 2022 budget allocates $300 million in pension amortization payments, also known as ADEC (actuarially determined employer contribution).