Ideas flow in on alternatives to initial pension reform plan
MONTPELIER â It was ideas they wanted, and ideas they got. The Vermont House Government Operations Committee, continuing its work on addressing the state pension systemâs multi-billion dollar unfunded liability, heard proposals from committee members, as well as from fellow House members and the Vermont State Employees Association (VSEA). The discussion followed days of reactions from stakeholders and experts, and two public hearings in which the committeeâs initial proposal to close the underfunding gap and adjust governance was blasted by enrolled employees. That proposal, a ...