A Budget Windfall But No Additional Investment In State Employees & Teachers’ Pension Funds. Is History Repeating?
From a VTDigger Story:
“Between the investment returns and the surpluses, Steve Howard, the executive director of the Vermont State Employees Association, said there is a “Mack Truck”-sized hole in the “argument that the sky is falling, that we’re in a crisis, that the pensions are on the verge of collapse.”