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Vermont State Treasurer Beth Pearce provides update on COVID-19 response and status of operations of the State Treasurer’s Office

March 26, 2020

By VTDigger

MONTPELIER, VT — Vermont State Treasurer Beth Pearce today issued the following statement about COVID-19 and the operations of the State Treasurer’s Office.

The spread of COVID-19 has disrupted daily life across the country. We are in a very serious public health crisis. I want to thank the many Vermonters who are on the front lines providing health care, ensuring public safety, supporting our children through school closures, and volunteering their time to lend a hand. And thanks to the employees at grocery stores and pharmacies who provide essential services to all of us. I am inspired by your leadership and commitment to Vermonters.

I want to assure employees, retirees, and vendors that payments from the State will continue without disruption. Our office is in close contact and working collaboratively with the Governor’s Office, the Department of Human Resources, and the Agency of Human Services to make sure that critical payments are available to Vermonters.

Treasury Operations Division – We are currently processing all State payments for which the Treasurer’s Office is responsible with no changes to the schedule. We ask that for any questions about payments you contact us at Tre.ServicesAccounting@vermont.gov.

Retirement Division – Retirees in Vermont’s defined benefit plans can rest assured that their benefit payments are secure and will continue to go out on the last business day of the month. Our staff continues to serve member and retiree needs through remote services. You are our customers and we will be there to help. Retirement counseling sessions are available by phone only. Staff are prioritizing those members who are within 90 days of retirement. Limited phone coverage will be available on the main number (802) 828-2305. If you leave a message, please leave your name and number, and staff will return your call between the regularly scheduled business hours of 7:45 a.m. to 4:30 p.m., Monday through Friday. Members are encouraged to email questions to tre.retirementcorrespondence@vermont.gov. If you are more than 90 days away from retirement and would like an estimate, you can access our online portal and receive this information by visiting retire.vermont.gov.

The Vermont Pension Investment Committee and Treasurer’s Office staff have been closely monitoring financial markets. While we expect continued volatility during these times, the State’s pension funds are long-term investments, and the portfolio is broadly diversified to respond to market volatility.

Unclaimed Property Division – Customers, most of your general questions can be answered by visiting our website at https://www.vermonttreasurer.gov/content/unclaimed-property. Our staff will continue to serve the public by phone and email and are available during normal business hours 7:45 a.m. to 4:30 p.m., Monday through Friday. For claimants, please send your e-mail requests to:  unclaimed.property@vermont.gov.   For Holders please send your email requests to tre.upcompliance@vermont.gov.  You can reach the Unclaimed Property Division at (802) 828-2407. If you leave a voice message, please be sure to include your name and phone number and staff will return your call. 

Financial Literacy Education – The Treasurer’s Office has cancelled its April 9th Financial Literacy Awards Ceremony. Any questions about ongoing financial literacy education programs (Reading is an Investment, VerMoney, etc.) should be directed to tre.financialliteracy@vermont.gov

Vermonters are special. We take pride in our communities and make progress by working together. In this spirit, I pledge the full resources of the Treasurer’s Office to aid in our recovery from COVID-19. We will continue to update our website at https://www.vermonttreasurer.gov/. Together, we will get through these challenging times.