Track open bid opportunities, contracts, public meetings, and key contacts for Vermont Municipal Employees' Retirement System.
Key metrics and characteristics
City
The city where this buyer is located.
Montpelier
County
The county where this buyer is located.
Washington
Address
Physical address of this buyer.
109 State Street
Zip Code
Postal code for this buyer's location.
05609
Propensity to Spend
How likely this buyer is to spend on new technology based on operating budget trends.
AI Adoption Score
How likely this buyer is to adopt new AI technologies.
Startup Friendliness
How often this buyer champions startups and early adoption.
Latest Budget Year
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Operating Budget
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Includes fiscal year calendars, procurement complexity scores, and strategic insights.
Board meetings and strategic plans from Vermont Municipal Employees' Retirement System
The board reviewed a report regarding plan assets, participant account balances, cash flow, and investment strategies, including the utilization of target date funds and asset allocation models. The meeting addressed the breakdown of plan disbursements, specifically regarding separation from service, required minimum distributions, and death claims. Members discussed the demographic composition of the plan and analyzed benchmarking data. A significant focus was placed on strategies to improve participant beneficiary designation rates and leveraging annual enrollment periods for communication. Additionally, the board considered budgetary requests regarding division staffing.
The Board of Trustees held a meeting covering several key business items. Actions included the appointment of a new employee representative to the Board and the election of a new Board Chair. The meeting featured a presentation from the Vermont Pension Investment Commission regarding investment performance, decarbonization efforts, and staff compensation strategies. The Board reviewed and approved the FY 2026 budget, noting an increase primarily attributed to staffing costs. Additionally, the Board received updates regarding the Treasurer's press conference on public pensions and discussed future meeting planning.
The board discussed the underfunding of the Municipal Defined Contribution (DC) plan and approved a recommendation to increase the employer contribution cost from 5.125% to 6.00% to address the deficit. The board also adopted a resolution recognizing the State Treasurer for her service, discussed actuarial crossover testing, and reviewed a presentation regarding VPIC's current investment position, strategy, and management fees. Furthermore, the board approved the FY 2024 budget, covering requests for additional positions and staff training, and confirmed the 2023 Board Calendar.
Extracted from official board minutes, strategic plans, and video transcripts.
Track Vermont Municipal Employees' Retirement System meetings, strategic plans, and budget discussions before the public bid appears.
Early signals from meeting minutes and plans
Vendor mentions and competitor tracking
Decision timeline from discussion to RFP
Public-sector contacts connected to Vermont Municipal Employees' Retirement System.
Quotable insights from buyer leadership
