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Why Vermont's Pension Pressures Mean Other Projects Won't Get Funded
Vermont owes $1.5 billion in unfunded teacher pensions. After years of underfunding and low returns, paying for these pensions and other retirement obligations takes up a growing portion of the state budget. We're talking about ways Vermont is addressing these retirement liabilities and how it all affects the state's ability to pay for new projects.
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By Vermont Public
4.3
9797 ratings
Vermont owes $1.5 billion in unfunded teacher pensions. After years of underfunding and low returns, paying for these pensions and other retirement obligations takes up a growing portion of the state budget. We're talking about ways Vermont is addressing these retirement liabilities and how it all affects the state's ability to pay for new projects.
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