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Don t miss the big stories. Like us on Facebook.   MONTPELIER — A proposal to expand the committee overseeing the state’s retirement investments and create a task force to address the pension system’s 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).

United statesTanya vyhovskyMike mrowickiJill krowinskiJohn gannonSarah copeland hanzasRobert hooperVermont state employees associationCommittee onDesign taskVermont trooper associationHouse government operations committee onGovernment operations committeeVermont pension investment committeeVermont leagueVermont troopers association