Committee Urges State to Offer Public Retirement Plan
VT Digger - A committee chaired by the state treasurer is recommending Vermont set up a publicly managed retirement plan to help people who work for small businesses put away savings.
VT Digger - A committee chaired by the state treasurer is recommending Vermont set up a publicly managed retirement plan to help people who work for small businesses put away savings.
Vermont Business Magazine - Vermont Student Assistance Corp and State Treasurer Beth Pearce today announced that $4 million in local investment financing will be directed to lower the fixed rates on Vermont Advantage loans for parents and students, starting at 4.8 percent, the lowest rates ever offered.
The Public Retirement Study Committee, created by the legislature two years ago to look at ways to help private sector employees save for retirement, wants lawmakers to let it continue its work. AARP estimates that 45 percent of Vermonters working in the private sector don’t have access to a retirement program through their employer.
The nation’s first-ever law to regulate “pension lending” was signed in the Vermont Statehouse
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