H.449 (Act 75)
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
- Sponsor(s)
- Last Recorded Action
- Senate 5/21/2021 - House message: Governor approved bill on June 8, 2021Opens in a new window
Bill/Resolution Text
- Other Text
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An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Detailed Status
Regular Session 2021-2022
| Expand row | Body | Date | Journal | Calendar | Location | Full Status |
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An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Roll Call History
Regular Session 2021-2022
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Although procedurally bills and resolutions are assigned to only one committee at a time, other committees may review the bill or resolution. This page contains results from both the assigned committee as well as other committees.
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee Meetings
Regular Session 2021-2022
| Meeting Date | Committee | Actions |
|---|
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Meeting Full List
Regular Session 2021-2022
Wednesday, April 7, 2021
- Committee(s):
- House Committee on Government Operations,
- 9:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Introduction and walk through
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Chris Rupe, Fiscal Analyst, Joint Fiscal Office
Thursday, April 8, 2021
- Committee(s):
- House Committee on Government Operations,
- 9:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Mike O'Neil, Executive Director, Vermont Troopers Association
- 10:30 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Chris Rupe, Fiscal Analyst, Joint Fiscal Office
Friday, April 9, 2021
- Committee(s):
- House Committee on Government Operations,
- 1:00 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Jeff Fannon, Executive Director, Vermont National Education Association
Aimee Towne, President, Vermont State Employees Association
- 2:14 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Beth Pearce, State Treasurer, Office of the State Treasurer
Thomas Golonka, Chair, Vermont Pension Investment Committee
Tuesday, April 13, 2021
- Committee(s):
- House Committee on Government Operations,
- 1:15 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Damien Leonard, Legislative Counsel, Office of Legislative Counsel
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
- 3:30 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Wednesday, April 14, 2021
- Committee(s):
- House Committee on Government Operations,
- 9:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Mark up and vote
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
- 11:36 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Mark up and vote continued
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Friday, April 16, 2021
- Committee(s):
- House Committee on Appropriations,
- 8:30 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Rep. John Gannon, Reporter, House Committee On Government Operations
Rep. Robert LaClair, Reporter, House Committee On Government Operations
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Chris Rupe, Fiscal Analyst, Joint Fiscal Office
Friday, April 16, 2021
- Committee(s):
- Senate Committee on Government Operations,
- 3:00 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Continued walk-through
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Tuesday, April 20, 2021
- Committee(s):
- House Committee on Appropriations,
- 9:20 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Discussion/Vote
- 2:45 PM
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H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee Discussion/Possible Vote
Tuesday, April 20, 2021
- Committee(s):
- Senate Committee on Government Operations,
- 1:30 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee discussion on governance
Beth Pearce, State Treasurer, Office of the State Treasurer
Thomas Golonka, Chair, Vermont Pension Investment Committee
Steve Howard, Executive Director, Vermont State Employees Association
Karen Horn, Director, Public Policy & Advocacy, Vermont League of Cities and Towns
Eric Henry, Chief Investment Officer, Office of the State Treasurer
Jeff Fannon, Executive Director, Vermont National Education Association
Michael O'Neil, President, Vermont Troopers Association
Michael Pieciak, Commissioner, Department of Financial Regulation
Wednesday, April 21, 2021
- Committee(s):
- Senate Committee on Government Operations,
- 1:30 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee discussion on the taskforce
Michael O'Neil, President, Vermont Troopers Association
Steve Howard, Executive Director, Vermont State Employees Association
Jeff Fannon, Executive Director, Vermont National Education Association
Beth Pearce, State Treasurer, Office of the State Treasurer
Thomas Golonka, Chair, Vermont Pension Investment Committee
Michael Pieciak, Commissioner, Department of Financial Regulation
Beth Fastiggi, Commissioner, Department of Human Resources
Karen Horn, Director, Public Policy & Advocacy, Vermont League of Cities and Towns
Eric Henry, Chief Investment Officer, Office of the State Treasurer
Thursday, April 22, 2021
- Committee(s):
- House Committee on Government Operations,
- 9:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Appropriations Amendment
Rep. Maida Townsend, House Committee on Appropriations
Friday, April 23, 2021
- Committee(s):
- House Committee on Government Operations,
- 9:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Scheuermann Amendment
Rep. Heidi E. Scheuermann, Sponsor of amendment
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Wednesday, April 28, 2021
- Committee(s):
- Senate Committee on Education,
- 2:15 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Overview
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Friday, April 30, 2021
- Committee(s):
- Senate Committee on Government Operations,
- 15 Minutes After the Floor
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee discussion
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Michael O'Neil, President, Vermont Troopers Association
Thomas Golonka, Chair, Vermont Pension Investment Committee
Jeff Fannon, Executive Director, Vermont National Education Association
Karen Horn, Director, Public Policy & Advocacy, Vermont League of Cities and Towns
Eric Henry, Chief Investment Officer, Office of the State Treasurer
Steve Howard, Executive Director, Vermont State Employees Association
Erika Wolffing, Retirement Policy and Outreach Director, Office of the State Treasurer
Beth Pearce, State Treasurer, Office of the State Treasurer
Chris Rupe, Fiscal Analyst, Joint Fiscal Office
Monday, May 3, 2021
- Committee(s):
- Senate Committee on Government Operations,
- 4:30 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Tuesday, May 11, 2021
- Committee(s):
- House Committee on Government Operations,
- 9:48 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Review of Senate changes to H.449
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Friday, May 14, 2021
- Committee(s):
- Committee of Conference,
- 9:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
- 2:00 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Continuing discussion
Monday, May 17, 2021
- Committee(s):
- Committee of Conference,
- 10:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
- 11:30 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Wednesday, May 19, 2021
- Committee(s):
- House Committee on Government Operations,
- -
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee of Conference Report Discussion
Committee Documents
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Witnesses Who Testified
Regular Session 2021-2022
Committee of Conference
- Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
House Committee on Appropriations
- Rep. John Gannon, Reporter, House Committee On Government Operations
- Rep. Robert LaClair, Reporter, House Committee On Government Operations
- Chris Rupe, Fiscal Analyst, Joint Fiscal Office
- Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
House Committee on Government Operations
- Jeff Fannon, Executive Director, Vermont National Education Association
- Thomas Golonka, Chair, Vermont Pension Investment Committee
- Damien Leonard, Legislative Counsel, Office of Legislative Counsel
- Mike O'Neil, Executive Director, Vermont Troopers Association
- Beth Pearce, State Treasurer, Office of the State Treasurer
- Chris Rupe, Fiscal Analyst, Joint Fiscal Office
- Rep. Heidi E. Scheuermann, Sponsor of amendment
- Aimee Towne, President, Vermont State Employees Association
- Rep. Maida Townsend, House Committee on Appropriations
- Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Senate Committee on Education
- Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
Senate Committee on Government Operations
- Jeff Fannon, Executive Director, Vermont National Education Association
- Beth Fastiggi, Commissioner, Department of Human Resources
- Thomas Golonka, Chair, Vermont Pension Investment Committee
- Eric Henry, Chief Investment Officer, Office of the State Treasurer
- Karen Horn, Director, Public Policy & Advocacy, Vermont League of Cities and Towns
- Steve Howard, Executive Director, Vermont State Employees Association
- Michael O'Neil, President, Vermont Troopers Association
- Beth Pearce, State Treasurer, Office of the State Treasurer
- Michael Pieciak, Commissioner, Department of Financial Regulation
- Chris Rupe, Fiscal Analyst, Joint Fiscal Office
- Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
- Erika Wolffing, Retirement Policy and Outreach Director, Office of the State Treasurer
Fiscal notes and materials available on this web page are provided for informational purposes only, and may not comprise all materials received by the Vermont Legislature or the final fiscal information related to a specific bill. The Legislature is not responsible for the accuracy of any information in these materials, and their posting does not constitute approval or endorsement by the Legislature.
Fiscal Information
Fiscal Notes and Related Documents
- H.449(Act 75) -An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force–As Passed by the General AssemblyOpens in a new window
- H.449-An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force–As Recommended by Senate Committee on Government OperationsOpens in a new window
- H.449-An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force–As Passed by HouseOpens in a new window
- H.449-An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force–As Recommended by the House Committee on Government OperationsOpens in a new window
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee of Conference Members
Regular Session 2021-2022
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee of Conference Meetings
Regular Session 2021-2022
| Meeting Date | Committee | Time | Actions |
|---|
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Committee of Conference Meeting Full List
Regular Session 2021-2022
Friday, May 14, 2021
- Committee(s):
- Committee of Conference,
- 9:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Rebecca Wasserman, Legislative Counsel, Office of Legislative Counsel
- 2:00 PM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Continuing discussion
Monday, May 17, 2021
- Committee(s):
- Committee of Conference,
- 10:00 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
- 11:30 AM
-
H.449 - An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
No committee of conference report found for H.449 in the Regular Session 2021-2022.
Act
An act relating to the membership and duties of the Vermont Pension Investment Commission and the creation of the Pension Benefits, Design, and Funding Task Force
Statutes Affected
Regular Session 2021-2022
| Statute |
|---|
| 2 V.S.A. § 1001. Creation of Committee |
| 3 V.S.A. § 471. Retirement Board; Medical Board; actuary; rates of contribution; safekeeping of securities |
| 3 V.S.A. § 472. Investments; interest rate; disbursements |
| 3 V.S.A. § 521. Definitions |
| 3 V.S.A. § 522. Vermont Pension Investment Commission |
| 3 V.S.A. § 523. Vermont Pension Investment Commission; duties |
| 16 V.S.A. § 1942. Board of Trustees; Medical Board; actuary; rate of contribution; safekeeping of securities |
| 16 V.S.A. § 1943. Investments; interest rate; disbursements |
| 24 V.S.A. § 5062. Retirement Board; Medical Board; actuary; rates of contribution; safekeeping of securities |
| 24 V.S.A. § 5063. Investments; interest rate; disbursements |
Staff & Other Information
- Rebecca Wasserman, Legislative Counsel