State should issue bonds to finance teachers’ retirement

Stephen Walke  |  April 8, 2021

Op-ed by Stephen Walke, includes “The state of Vermont should honor its obligation to fully fund its teachers’ retirement system. It is simply not fair to place the burden on our educators. … Whether the approximately $1.5 billion owed appears on the state’s balance sheet as obligations backed by the full faith and credit of the state — that is, bonds — or as a pension fund liability, the state’s fiscal position is the same.” hmm

Read the full article on: VTDigger (Vermont)

comments powered by Disqus