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- VMERS is the defined benefit retirement plan for 6,577 municipal and school employees working for 442 local governments.
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Vermont Municipal Employees' Retirement System (VMERS) is the public pension plan provided by the State of Vermont for participating municipalities' employees. It was created in 1975 and is governed by Vermont Statute Title 24, Chapter 125.
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The Vermont Municipal Employees' Retirement System is a...
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Municipal Employees VMERS | Office of the State Treasurer....
- VMERS Group Plans
The Vermont Municipal Employees' Retirement System is a uniform, state-administered pension plan for municipal employees of the State of Vermont. It was established effective July 1, 1975 and is governed by Title 24, V.S.A., Chapter 125.
Municipal Employees VMERS | Office of the State Treasurer. Click here to view the VMERS FY2024 Group Comparison Chart. Planning for Retirement. Search Unclaimed Property. Financial Transparency. The Treasurer's Office is committed to providing key data and information about its operations. Pension Investment.
Jan 24, 2023 · Retirement Division serves more than 60,000 members with a staff of 15. NASRA tracks staff to active/retired member ratios (excludes inactive and deferred members) across State systems: National median in 2021 – 1 staff : 1,336 members. Vermont in 2021 – 1 staff : 3,186 members.
Jan 21, 2021 · •Vermont has 3 pension systems: VSERS –Vermont State Employees’ Retirement System (single employer) VSTRS –Vermont State Teachers’ Retirement System (multi employer)
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Jan 14, 2022 · • The Vermont State Retirement System (VSERS) is the public pension plan provided by the State of Vermont for State employees. • It was created in 1944 and is governed by Vermont Statute Title 3, Chapter 16. • The system has undergone several major changes over the years, including merger of the
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Your actual retirement benefit is determined by a formula which contains three aspects: your service credit, your age at retirement, and your average final compensation. You will be vested in the Vermont State Employees Retirement System when you have attained five years of creditable state service.