Vermont H0567 amends laws on unclaimed property, State retirement systems, and capital debt.
Vermont H0567 makes changes to unclaimed property laws, including the handling of property valued at $150 or less and the distribution of unclaimed property. It establishes the Pension and Benefits Funding Task Force to review and recommend changes to member benefits, contribution levels, and rates of return for retirement systems. The bill also creates the Vermont Pension Investment Commission Special Fund and authorizes the Commission to loan securities under certain conditions.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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