Vermont State Teachers' Retirement System (VSTRS)
The Vermont State Teachers' Retirement System (VSTRS) is the public pension plan provided by the State of Vermont for State teachers. It was created in 1947 and is governed by Vermont Statute Title 16, Chapter 55.The membership as of June 30, 2012 is:
- 10,262 active
- 2,193 inactive
- 793 terminated vested
- 7,376 retired
Important Notice: Changes to Teachers' Retirement
Learn more about these changes to the pension benefits and access to health care coverage in retirement effective July 1, 2010.
Learn More About Specific Group Plans
- Group A for public school teachers employed within the State of Vermont prior to July 1, 1981 and elected to remain in Group A.
- Group C for public school teachers employed within the State of Vermont on or after July 1, 1990. If you were hired before July 1, 1990 and were in Group B on July 1, 1990, you are now in Group C.
- 403(b) Plan, a Deferred Compensation supplemental retirement savings program for employees of Vermont's public school districts.
The Board of Trustees is responsible for the administration of the system, which includes the management of the assets of the retirement fund as well as the administration of the benefits and record keeping for the membership. The market value of the fund was $1,492 million as of June 30, 2012, compared with $1,520 million as of June 30, 2011. The system paid $117.8 million in retirement benefits during fiscal year 2012.
Meeting Notices, Agenda and Minutes
Learn who your VSTRS board members are and get details on upcoming meeting dates and minutes. More