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VT H0442

VT H0442
An act relating to payments to the teachers’ retirement system


summary

Introduced
03/01/2023
In Committee
03/01/2023
Crossed Over
Passed
Dead
05/10/2024

Introduced Session

2023-2024 Session

Bill Summary

This bill proposes to include the normal contribution for teachers’ retirement in education spending that is attributable to the employer. This bill also proposes to require an independent school to pay the employer retirement costs and administrative operating expenses for any teacher who is employed at the school and a member of the Vermont Teachers’ Retirement System. H.442

AI Summary

This bill proposes to include the normal contribution for teachers' retirement in the definition of "education spending" that is attributable to the employer. It also requires independent schools to pay the employer retirement costs and administrative operating expenses for any teacher who is employed at the school and is a member of the Vermont Teachers' Retirement System, starting on July 1, 2024. The bill establishes procedures for the collection and deposit of these monies, and requires the Secretary of Education to provide an annual report on the implementation of this section.

Committee Categories

Government Affairs

Sponsors (29)

Last Action

Read first time and referred to the Committee on Government Operations and Military Affairs (on 03/01/2023)

bill text


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