Top Lawmaker Slams Door On Labor’s Request For Dedicated Revenue Stream To Fund Pensions

Not only does Rep. Copeland-Hanzas squash any hope of a dedicated revenue stream to fund state employee, teacher and trooper pensions, she adds a threat to the VSEA, VtNEA and VTA.

From the Digger story:

As a carrot in negotiations, lawmakers had set aside $150 million in one-time funds last year to put toward the state’s obligations once a reform was agreed to. But if the parties are not able to come to agreement, Copeland Hanzas said, that money might be used elsewhere.

“150 million goes back to the appropriations committees, and they figure out what the priorities are,” she said.

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