State Treasurer Cautions VSEA Members To Ready For A Pension Fight

At VSEA’s 76th Annual Meeting, VSEA members participating were greeted by State Treasurer Beth Pearce, and she cautioned state employees to begin preparing (again) for a renewed attack soon on state employees’ defined benefit pension plan. Actually, Vermont’s own pension Chicken Little, David Coates, has never stopped his now decade-long campaign to convince lawmakers to implement a 401K plan for new hires to state government. Mind you, the last time VSEA checked, a majority of exempt state employees (read: not VSEA members), when given a choice, chose a defined benefit pension plan.

Pearce did stress that she is unsure right now what action(s) state employees could be asked to make to shore up the pension fund, but she warned it could include a call for employees to increase your contribution. Pearce promised to keep us informed, and she vowed to continue to fight alongside VSEA members to protect your pension.

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VSEA’s Week In Action Newsletter: September 18, 2020

This Week:

VSEA 76th Annual Meeting Wraps

State Treasurer Cautions VSEA Members To Ready For A Pension Fight

State Changes Course; Now Supports Year-Two Contract Funding

State Updates Employees On Flu Clinics

Can’t Afford Housing Due To COVID-19 Hardship? VT State Housing Authority Might Be Able To Help

Just Announced! Sugarbush Kicking Off 2020-2021 Corporate Pass Program!

Quote Of The Week!

Solidarity With Our Local Nurses!

Opinion Piece Asks: Did You Think About State Workers On Labor Day?

Safety & Security Division Reminds About Being Prepared

VSEA Vets’ Home Members Again Asking For Your Help. Sign The Petition!!

Read The Full Newsletter Here!

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