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Pension task force to hold first meeting Friday


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MONTPELIER — The first meeting of a task force appointed to find solutions to the state’s multibillion unfunded pension liability will be held at 9 a.m. Friday.
The agenda for the meeting was posted Thursday morning. It will be held remotely and live-streamed on a Legislative YouTube video channel.
The task force, which includes state Rep. John Gannon, D-Windham 6, and Sen. Jeanette White, D-Windham, was created by a bill that also reorganized the governance of the commission guiding pension investments for the state.
The pension funds for teachers and state employees have a combined unfunded liability of about $3 billion. When combined with post-employment benefits including health care, that figure swells to about $5.6 billion. ....

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Look Ahead, Vermont: Budgets, pensions and weights loom as session nears final days


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The finish line for the 2021 legislative session is in sight. So Look Ahead Vermont will take a slightly different approach, looking at the issues rather than the calendar.
Here’s what remains to be done before the proposed adjournment date of Saturday, May 22. (Yes, that is a Saturday, and yes, I will be working if they are!)
BUDGET: The House and Senate have each passed their versions of a spending plan for fiscal 2022, and done so unanimously.
The next step, Speaker Jill Krowinski confirmed, is review of the Senate budget by the House Appropriations Committee. ....

United States , Phil Scott , Jeanette White , Dick Sears , Tammy Kolbe , David Durfee , Emilie Kornheiser , Jaye Pershing Johnson , Chris Rupe , Kathleen James , Michael Schirling , Laura Sibilia , Michael Pieciak , Becca Balint , James Baker , Jill Krowinski , Tom Golonka , Senate Government Operations Committee , House Or Senate , Fiscal Office , House Appropriations Committee , House Education Committee , House Judiciary Committee , Department Of Corrections , House Ways Means Committee , Education Committee ,

Look Ahead, Vermont: Budgets, pensions and weights loom as session nears final days


Don t miss the big stories. Like us on Facebook.  
The finish line for the 2021 legislative session is in sight. So Look Ahead Vermont will take a slightly different approach, looking at the issues rather than the calendar.
Here’s what remains to be done before the proposed adjournment date of Saturday, May 22. (Yes, that is a Saturday, and yes, I will be working if they are!)
BUDGET: The House and Senate have each passed their versions of a spending plan for fiscal 2022, and done so unanimously.
The next step, Speaker Jill Krowinski confirmed, is review of the Senate budget by the House Appropriations Committee. ....

United States , Phil Scott , Jeanette White , Dick Sears , Tammy Kolbe , David Durfee , Emilie Kornheiser , Jaye Pershing Johnson , Chris Rupe , Kathleen James , Michael Schirling , Laura Sibilia , Michael Pieciak , Becca Balint , James Baker , Jill Krowinski , Tom Golonka , Senate Government Operations Committee , House Or Senate , Fiscal Office , House Appropriations Committee , House Education Committee , House Judiciary Committee , Department Of Corrections , House Ways Means Committee , Education Committee ,

Look Ahead, Vermont: Pension fallout, collecting race data, and tackling the budget


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In honor of baseball’s Opening Day last week, I’ll start with a question: What does hitting or pitching a baseball have in common with solving the state’s pension funding crisis?
The answer? If it was easy, anyone could do it.
When I was a would-be high school baseball player, I read “The Art of Pitching” by Tom Seaver and “The Science of Hitting” by Ted Williams, hoping their Cooperstown-quality guidance would help me make the varsity roster.
“Would-be,” because I lacked the athletic ability to turn their sage advice into a spot on the squad. ....

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