An act relating to supplemental income, health insurance, and retirement benefits for members of the General Assembly

This bill would extend access to the State employees' Defined Contribution Retirement Plan and the State employees' health insurance plan to members of the Vermont General Assembly. It also creates a supplemental income provision that would provide financial assistance to legislators whose monthly household income falls below the statewide median during their legislative service. The legislation establishes specific contribution rates for both employee and state portions of the retirement plan, sets vesting requirements after one year and 11 months of service, and includes provisions for disability and retirement benefits. The bill would be administered by the State Treasurer and funded through existing departmental appropriations used for legislative salaries.