Page 10 - Funding Task News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Message from Montpelier is a column written by Colchester's 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.