Public Retirement Study Committee

The Public Retirement Study Committee, chaired by the State Treasurer, began meeting in November 2014 to collect and evaluate data to examine the need for a state-wide public retirement plan.

Study Committee Members

  • Beth Pearce, Chair, Vermont State Treasurer
  • Monica Hutt, Commissioner, Vermont Department of Disabilities, Aging & Independent Living
  • Annie Noonan, Commissioner, Vermont Department of Labor
  • Robert Hooper, Appointed by the legislative Committee on Committees
  • Rebecca Towne, Appointed by the legislative Committee on Committees
  • Russ Bennett, Appointed by the Speaker
  • Dan Boardman, Appointed by the Speaker
  • Lindsay DesLauriers, Appointed by the State Treasurer

Report and Legislation

In 2014 the committee was charged with completing an interim study of the feasibility of establishing a public retirement plan. Since then, two reports have been completed and are posted below. In 2016 the enabling legislation was amended and is linked here: ACT 157.

2016 Report - Interim Study of the Feasibility of Establishing a Public Retirement Plan (submitted in January 2017)

2015 Report - Interim Study of the Feasibility of Establishing a Public Retirement Plan (submitted in January 2016)

2014 Report - Interim Study of the Feasibility of Establishing a Public Retirement Plan (submitted in January 2015)

Resources

Center for Retirement Initiatives, Georgetown University: Review of Potential Public Retirement Plan Options for Private Sector Employees/Employers in the State of Vermont

Center for Retiremetn Initiatives, Georgetown University: Comparison of Retirement Plan Design Features by State, November 2016

Center for Retirement Initiatives, Georgetown University: Comparison of Retirement Plan Design Features by State, June 2016

Center for Retirement Initiatives, Georgetown University: Closing the Coverage Gap, June 2016

State Treasurer's Office Presentation on Retirement Savings,(2014)

U.S. Department of Labor Fact Sheet: State Savings Programs for Non-Government Employees

Hon. Kathleen Kennedy Townsend: Presentation on State Retirement Initiatives-Out of Crisis Comes Opportunity

ACLI: Statement for the Record, U.S. Senate, Health, Education, Labor and Pensions Committee

ACLI: Role of Life Insurers

AARP Fact Sheet: Vermont

Materials from 8/26/2016 Meeting

Agendas & Meeting Minutes

Questions regarding upcoming meeting dates may be addressed to Tim Lueders-Dumont at (802) 828-1451 or via email at tim.lueders-dumont@vermont.gov.

 

Agenda Minutes

12/28/2016

12/28/2016

12/20/2016

12/20/2016
11/23/2016

11/23/2016

10/11/2016

10/11/2016

10/05/2016

10/05/2016
08/26/2016

08/26/2016

01/08/2016

01/08/2016

01/06/2016

01/06/2016

12/10/2015

12/10/2015

11/16/2015

11/16/2015

10/01/2015

10/01/2015

09/03/2015

09/03/2015

01/14/2015

(meeting did not take place,

due to a lack of quorum)

12/19/2014

12/19/2014

11/26/2014 11/26/2014