|BILL AS INTRODUCED||2007-2008|
Introduced by Senator Racine of Chittenden District
Subject: Education; UVM retirees; labor relations
Statement of purpose: This bill proposes to ensure that postretirement benefits for retirees of the University of Vermont and their eligible dependents are equivalent in scope and coverage to those of active employees in their respective employment groups.
AN ACT RELATING TO RETIREES OF THE UNIVERSITY OF VERMONT
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. PURPOSE
By this act, the general assembly intends to ensure that:
(1) Postretirement benefits for retirees of the University of Vermont and their eligible dependents are equivalent in scope and coverage to those of active employees in their respective employment groups.
(2) Premiums which retirees will pay for their coverage and that of their eligible dependents will be no greater than the premiums paid by active employees.
(3) In no instance will enhanced benefit coverage or lower premiums conveyed to a retiree in the form of an individual contract, an early retirement plan, a voluntary separation agreement, or any other form of individual legal agreement be revised or eliminated by the university.
Sec. 2. 3 V.S.A. § 926 is amended to read:
§ 926. GRIEVANCES
The board shall hear and make final determination on the grievances of all employees and retirees of the University of Vermont in relation to postretirement benefits and other compensation earned prior to retirement who are eligible to appeal grievances to the board. Grievance hearings at the board level shall be conducted in accordance with the rules and regulations promulgated by the board. The right to institute grievance proceedings extends to individual employees, groups of employees, and collective bargaining units.
The Vermont General Assembly
115 State Street