As Legislators search for monies to fund their priorities this coming session, they may do well to re-examine the teachers and state employees pension plans.
On July 10, 2019 Fitch, a major credit agency, reduced Vermont’s bond rating. This was expected, after Moody’s, another large credit agency reduced Vermont’s bond rating in October 2018. Both rating agencies have the same concerns about Vermont and it’s e … (read more)