H 443 Vermont House · 2023-2024 Regular Session

An act relating to miscellaneous amendments to the Vermont State Employees Retirement System

This bill amends the Vermont State Employees Retirement System to update rules for Group G members, which include certain facility employees and public safety staff. It allows these employees to earn retirement credit for temporary or seasonal state work and establishes a contractual right for members to receive retirement benefits. The legislation also changes how retirement benefits are calculated for Group G members and adjusts their contribution rates based on their hourly pay quartiles, with higher earners paying more into the system starting in 2023.
Bill status introduced 1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
Governor
Introduced Mar 1, 2023 Last action Mar 1, 2023
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Mar 1, 2023
Introduced
Read first time and referred to the Committee on Government Operations and Military Affairs
lower
1 primary · 2 co-sponsors

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