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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).
Pension governance and task force plan voted out of Government Operations Committee manchesterjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manchesterjournal.com Daily Mail and Mail on Sunday newspapers.
WTJU
Leftover Biscuits, Saturdays 6:30 – 8 a.m.
Day Job, Volunteer Work: Landscape architect with a focus on academic, public and conservation projects. As a volunteer, I also have served on the city’s Tree Commission, PLACE Design Task Force and as a board member for a national Tree and Soil Research Fund.
How long have you been a WTJU: Since 2010.
Why did you become a WTJU host? I did a radio show in college and met a few of the rock DJs that inspired me to apply.
Why should someone tune into your show in particular?
On Leftover Biscuits, the songs of the 1920s and 30s offer a diverse collection of the earliest recordings of blue collar American music. With a range of early country, country blues, spiritual, Hawaiian and more, listeners are bound to hear something they like. As an added perk, given the size of the 78 records at the time, the songs are all 3 minutes or less so if you don’t like something, hang in there, the next song is for you. It’s a good show for
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