Vermont Municipal Employees' Retirement System (VMERS)
Vermont Municipal Employees' Retirement System (VMERS) is the public pension plan provided by the State of Vermont for participating municipalities' employees. It was created in 1975 and is governed by Vermont Statute Title 24, Chapter 125. For more information on group plans, including the Defined Contribution and the Deferred Compensation plans, please see the links on the right side of this web page.
The membership as of June 30, 2013 is:
- 6,577 active
- 1,765 inactive
- 652 terminated vested
- 2,146 retired
The Board of Trustees is responsible for the administration and benefits of the system, and record keeping for the membership. The market value of the fund was $501 million as of March 31, 2014, compared with $459.1 million as of March 31, 2013. The system paid $16.1 million in retirement benefits during fiscal year 2013.
Meeting Notices, Agendas and Minutes
Learn who your VMERS board members are and get details on upcoming meeting dates and minutes. More