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Why Vermont’s pension pressures mean other projects won’t get funded

APRIL 23, 2019 | by Jane Lindholm, Matthew Smith | VERMONT PUBLIC RADIO

Vermont owes $1.5 billion in unfunded teacher pensions. After years of underfunding and low returns, paying for these pensions and other retirement obligations takes up a growing portion of the state budget. We're talking about ways Vermont is addressing these retirement liabilities and how it all affects the state's ability to pay for new projects.

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