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H.167

Introduced by   Representative Kitzmiller of Montpelier

Referred to Committee on

Date:

Subject:  Executive branch; state employees; retirement; ordinary disability retirement

Statement of purpose:  This bill proposes to provide to state employees upon ordinary disability retirement a retirement allowance or disability payments equal to 80 percent of their average final compensation.

AN ACT RELATING TO ORDINARY DISABILITY RETIREMENT

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  3 V.S.A. § 460(b) is amended to read:

(b)(1)  Upon ordinary disability retirement, a group A, group D, or group F member shall receive a normal retirement allowance equal to the normal retirement benefit accrued to the effective date of the disability retirement,; provided, however, that such allowance shall not be less than twenty-five 80 percent of his or her average final compensation at the time of his or her disability retirement.

(2)  Employees who are not eligible for representation by the Vermont state employees’ association, including managerial, confidential, elected and appointed officials, judicial, legislative and exempt employees, who are employed on February 1, 1997, and whose application for the state’s long-term disability plan is denied solely because of a preexisting condition, shall, if they are otherwise eligible for ordinary disability retirement, be entitled to a retirement allowance which, when added to Social Security and/or or other disability payments, or both, equals 66 2/3 80 percent of his or her final average compensation at the time of the disability retirement.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us