Loading chat...
VT S0156
Bill
Status
5/16/2025
Primary Sponsor
Martine Gulick
Click for details
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