Vermont Statutes
Chapter 16 - Vermont Employees' Retirement System
§ 489. Benefits

§ 489. Benefits
Persons who become members of the Vermont State Retirement System under this subchapter and on behalf of whom contributions are paid as provided in this subchapter shall be entitled to benefits under the Vermont State Retirement System as though they were employees of the State of Vermont. These employees shall be considered “Group F members” as defined in subdivision 455(a)(11)(E) of this title, except that elected municipal employees shall not be subject to mandatory retirement requirements. (Added 1971, No. 231 (Adj. Sess.), § 4; amended 1977, No. 164 (Adj. Sess.), § 4, eff. March 31, 1978; 2013, No. 22, § 8.)

Structure Vermont Statutes

Vermont Statutes

Title 3 - Executive

Chapter 16 - Vermont Employees' Retirement System

§ 455. Definitions

§ 456. Name and date of establishment

§ 457. Members

§ 458. Creditable service; military service

§ 459. Normal and early retirement

§ 459a. Restoration of service

§ 460. Ordinary disability retirement

§ 461. Accidental and occupationally related disability retirement

§ 461a. Benefit denial; evidentiary hearing

§ 462. Reexamination of disability beneficiary

§ 463. Reinstatement

§ 464. Accidental and occupationally related death benefit

§ 465. Termination of service; ordinary death benefit

§ 466. Coordination of disability retirement benefits with workers’ compensation benefits

§ 467. Death benefit after retirement—Group C

§ 468. Optional benefits

§ 469. Minimum benefit—Group C

§ 470. Postretirement adjustments to retirement allowances

§ 471. Retirement Board; Medical Board; actuary; rates of contribution; safekeeping of securities

§ 471a. Reports

§ 472. Investments; interest rate; disbursements

§ 472a. Compliance with federal law

§ 473. Funds

§ 473a. Periodic actuarial reports

§ 474. Predecessor systems

§ 475. Errors

§ 476. Exemption of member’s interest; assignment

§ 476a. Alternate payee; domestic relations orders

§ 477. Prior service credit

§ 477a. Elections

§ 479. Group insurance

§ 479a. State Employees’ Postemployment Benefits Trust Fund

§ 480a. Group A members; limit on contributions

§ 481. Definitions

§ 482. Participation by local governments; election by employer

§ 483. Petition by employees; transfer of assets

§ 484. Election by employee; service credits

§ 485. Compulsory membership

§ 486. Duty of local officers

§ 487. Rates of contribution

§ 488. Payment of contributions

§ 489. Benefits

§ 490. Default; paid up deferred annuity

§ 491. Liability of retirement system

§ 495. Transfer of memberships