The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 3 : Executive
Chapter 018 : VT Saves
(Cite as: 3 V.S.A. § 534)-
§ 534. Vermont Retirement Security Fund
(a) There is established the Vermont Retirement Security Fund to be administered by the State Treasurer.
(b) The Fund shall consist of the following:
(1) any monies appropriated to the Fund by the General Assembly;
(2) any monies transferred to the Fund from the federal government, other state agencies, or other governmental source;
(3) any monies from the payment of fees, penalties, and the payment of other money due to the Program; and
(4) any gifts, grants, or donations made to the Fund and any gifts, grants, donations, or investments received by the Treasurer.
(c) The Treasurer shall credit to the Fund all interest and income derived from the deposit and investment of monies in the Fund.
(d) Any unexpended and unencumbered monies at the end of a fiscal year shall remain in the Fund. (Added 2023, No. 43, § 1, eff. July 1, 2023.)
