True North Reports

The other side of Vermont's news

Menu

Skip to content
  • Home
  • TNR News
  • Commentary
  • U.S.
  • Videos
    • TrueNorthReportsTV
    • Travels With Charlie
    • Vote for Vermont
    • The Woodchuck Report
    • The Vermont Neighbors Project
  • About
  • Subscribe!
  • Topics
    • Abortion
    • Activism
    • American Socialism
    • Authoritarianism
    • Bernie Sanders
    • Carbon Tax
    • Coronavirus
    • Courts
    • Economy and Jobs
    • Education
    • Elections
    • Election Fraud
    • Energy and Environment
    • Free Speech
    • Guns
    • Health Care
    • Immigration
    • Law Enforcement
    • LGBT
    • Left-Wing Violence
    • Marijuana Legalization
    • Press Releases
    • Racism
    • Religious Freedom
    • Statehouse
    • Taxes, Fees and Fines
    • Trump
    • Waste, Fraud and Abuse
    • Welfare Reform
  • Advertise
  • Support Us!
  • Facebook
  • Twitter

Tag Archives: Pensions

Roll Call: Senate chooses tentative approach on pension reform

The purpose of S.286 was to reduce the $3 billion deficit in the state’s public employee and teacher retirement funds, with that stated goal of making the pensions 90% funded.

April 6, 2022 in Commentary.

Flemming: Vermont pensioners take their money elsewhere

The reality is that a substantial portion of pensioners have left our state for better climates, and it simply cannot be claimed that the pension checks they’re cashing somehow benefit the Vermont economy.

March 6, 2022 in Commentary.

Flemming: Vermont’s unfunded liabilities aren’t just pensions

When we talk about Vermont’s nearly $6 billion unfunded liability, most of us think about the teachers’ and state employees’ pensions. But these two giant liabilities only account for half of the state’s total unfunded liabilities. Where’s the other half?

January 23, 2022 in Commentary.
Public domain

Campaign for Vermont: New legislative session setting a fast pace

In its Jan. 16 legislative update, Campaign for Vermont offers an in-depth look at what lawmakers and the governor have planned for state pensions, fiscal responsibility, workforce and economic development, housing, good government and education.

January 21, 2022 in Commentary.
Wikimedia Commons

Flemming: Ditch ‘defined benefit’ approach, adopt ‘defined contribution’ or hybrid plans for pensions

To stop the bleeding and secure the future of its pension system, Vermont must follow the lead of its peer states that have already taken action to move to a defined contribution or hybrid system for new hires.

January 12, 2022 in Commentary.
Michael Bielawski/TNR

Vermont task force could make final recommendations on pension shortfall remedy Wednesday

In one scenario, the state would make a one-time $75 million contribution, in addition to a recurring, dedicated $15 million revenue source in the annual state budget. The other scenario calls for a one-time $50 million contribution and recurring $40 million revenue source.

December 14, 2021 in TNR News.

Flemming: The consequences of doing nothing on pension crisis

If we do nothing now, it will mean even greater and harder benefit cuts down the road as the unfunded liabilities continue to mount. Today’s $5.6 plus billion unfunded liability will look like chump change if we continue to kick the can down the road.

December 7, 2021 in Commentary.
Flickr/401kcalculator.org

Flemming: Two tax increases proposed to lessen Vermont’s pension crisis

When Vermont’s Legislature appointed the Pension Benefits, Design, and Funding Task Force, there was a good chance tax increases would be discussed at some point. Now, Vermonters have a little clearer idea of what those could look like.

November 30, 2021 in Commentary.
Public domain

Pat McDonald: Legislative Pension Task Force should ask tough questions about public compensation

CFV hopes that having this information will help the Legislative Pension Task Force to ask the tough questions about the total compensation of public employees that are necessary as they set about making the changes to address the $4.5 Billion pension liability situation.

November 22, 2021 in Commentary.
Campaign for Vermont

Contrary to popular belief, study shows public school teachers make much more than their private counterparts

The notion that public school teachers are at a financial disadvantage relative to their private-sector counterparts has been debunked in a new study by Vermont-based think tank Campaign for Vermont.

November 11, 2021 in TNR News.

As Vermont state pensions deficits grow, task force seeks solutions

The unfunded liabilities for the Vermont State Teacher’s Retirement fund increased last year by $379 million as compared to the 2019 valuation while the same liabilities increased by $225 million in the Vermont State Employees’ Retirement, according to numbers from State Treasurer Beth Pearce.

November 9, 2021 in TNR News.
state of Vermont

Flemming: Dem legislator explains why a mortgage is a bad analogy for Vermont pension crisis

“I’m challenged to agree with your assessment of this way of determining sustainability, because we may have thought we were buying a $200,000 house and may in fact be that we are buying an $800,000 house or a $1 million house,” Rep. Sarah Copeland Hanzas said.

October 18, 2021 in Commentary.

Post navigation

← Older posts
Newer posts →

 

Recent Comments

  • Shannon McLamb on John Klar: Some thoughts about free speech (and True North Reports)
  • Jay Eshelman on John Klar: Some thoughts about free speech (and True North Reports)
  • Shannon Mclamb on John Klar: Some thoughts about free speech (and True North Reports)
  • Jay Eshelman on John Klar: Some thoughts about free speech (and True North Reports)
  • Dan Jones on John Klar: Some thoughts about free speech (and True North Reports)
  • Laura Stone on John Klar: Some thoughts about free speech (and True North Reports)
  • Rich Lachapelle on Vermont Retail & Grocers Association director: It’s ‘demoralizing when our prosecutors aren’t prosecuting’
  • Yirgach on Roper: Scott vetoes one more, nixes ‘bottle bill’
  • Yirgach on John Klar: Some thoughts about free speech (and True North Reports)
  • Trent on Vermont housing program replaces pandemic-era program
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

Proudly powered by WordPress | Theme: Expound by Konstantin Kovshenin