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Public Statement

Submitted by Hazel.Brewster… on Fri, 04/02/2021 - 15:47

OFFICIAL STATEMENT OF THE LT. GOVERNOR ON PENSION REFORM PLAN

Montpelier, Vt. Today, Lt. Governor Gray released the following statement on the announcement of Speaker Krowinski to table the proposed pension plan:

“I applaud Speaker Krowinski for her announcement today that a Pension Task Force will be created to bring stakeholders to the table to address Vermont’s unfunded pension liabilities crisis as well as the decision to change the structure of the Vermont Pension Investment Committee board. I also want to commend Speaker Krowinski for her leadership in working to address a problem that has existed long before her time as Speaker.

I look forward to working with Legislative leaders, the Governor, the Treasurer, and stakeholders to find an equitable and fair solution that ensures a secure retirement for Vermont state employees and teachers.”