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VT S0156

Bill

Status

Introduced

5/16/2025

Primary Sponsor

Martine Gulick

Click for details

Origin

Senate

2025-2026 Session

AI Summary

  • Expands Group G membership to include classified employees of public safety answering points, Family Services Division of DCF, Vermont Veterans' Home, and Department of State's Attorneys and Sheriffs

  • Changes Group G contribution rates from a quartile-based system (11.23% to 13.73% depending on pay level) to a flat rate structure of 8.93% to 9.93% of compensation starting in fiscal year 2026

  • Allows members to earn creditable service for prior employment in temporary or seasonal State positions

  • Expands military service credit without contribution requirements to cover 13 named conflicts and operations including Korea, Vietnam, Desert Storm, Enduring Freedom, and Iraqi Freedom, with State Treasurer study on fiscal impacts due by January 15, 2026

  • Creates statutory contractual rights protecting members from future amendments that would diminish or impair their retirement benefits, effective once a member makes their initial contribution

Legislative Description

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

Last Action

Read 1st time & referred to Committee on Government Operations

5/16/2025

Committee Referrals

Government Operations5/16/2025

Full Bill Text

No bill text available