VTDigger Minute is a weekly news digest from Vermont PBS. Tune in every Wednesday at 6 p.m. and Thursday at 6:30 a.m. to hear about the week’s top stories.
This week on the Minute:
Vermont’s ballooning pension debt threatens state’s financial future
Vermont’s pension obligations have significantly expanded over the past decade. Between teachers and state employees, the government is on the hook for over $2 billion that aren’t currently funded. Treasurer Beth Pearce says the state is adjusting its investment projections to correct the gap, but researchers say the state needs to change its retirement plan offerings.
Social Security income tax exemptions are now in place
About 40,000 Vermonters who receive Social Security benefits will see more money in their pockets this year. Lawmakers and the governor passed new exemptions that will slash the state tax on benefits for low- and moderate-income earners. The tax commissioner says that on average, Vermonters will save about $125 a year.
VTDigger launches 2018 Elections guide
270 candidates have registered for the Aug. 14 primary elections. We’ve compiled survey responses and roll call votes on key issues in our new voter guide. Take a look and see who’s running to represent you in this year’s elections.
