Speaker Krowinski tables pension reform plan
Vermont Business Magazine Earlier this morning, House Speaker Jill Krowinski was joined by members of the Democratic Caucus at a press conference and provided the remarks below regarding the effort to stabilize the public pension system. The Speaker had presented a plan to address the $5.7 billion unfunded retirement liabilities in the pension and retirement plans for unionized state employees and teachers. However, she announced today she would not move forward with that plan and instead set up a task force to address the matter. The unions and the Progressive caucus in the Legislature opposed the plan.