The Vermont Statutes Online
Subchapter 010 : PENSION SYSTEM; INSURANCE(Cite as: 24 V.S.A. § 1091)
§ 1091. Pension system
A municipality having a population of at least 5,000 according to the latest preceding U.S. census may adopt a pension system for its employees. However, a municipality having a population of less than 5,000 may adopt a pension system for its employees, if such municipality at its annual meeting so votes by a two-thirds vote of the voters present and voting.