Don't miss the big stories. Like us on Facebook. The high drama might be over for a while, but pension reform remains a high priority in the Legislature. This week, the House Government Operations Committee is considering a new draft proposal to expand the membership of the Vermont Pension Investment Committee (VPIC) and establish a task force to study possible solutions to the stateâs thorny unfunded pension liability problem. This is the other shoe from House leadershipâs decision two weeks ago, under pressure from state employee unions, to focus on governance now and study the solutions to unfunded liability over the summer. The unions had widely panned the initial proposal for reform as forcing them to work longer, pay more, and get less.