Vt. Cities Seek Pension Solutions

Most Vermont municipalities participate in a statewide retirement program that’s nearly fully funded. That’s much better than retirement funds are doing for many cities and towns around the country, which have found that they’re living beyond their means.

State Treasurer Optimistic On Public Pensions Reform

State Treasurer Jeb Spaulding says the state’s public pension system needs to be reformed, and he’s optimistic that can be accomplished this year. In the next decade, the state employees and Vermont teachers’ pensions could fall short by a billion dollars.