Vermont Statutes Title 16 Sec. 1944d
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Terms Used In Vermont Statutes Title 16 Sec. 1944d
- Board: shall mean the board of trustees of the System provided for in section 1942 of this title to administer the System. See
- Retirement: shall mean withdrawal from active service with a retirement allowance granted under the provisions of this chapter. See
- State: shall mean the State of Vermont. See
- Teacher: shall mean any licensed teacher, principal, supervisor, superintendent, or any professional licensed by the Vermont Standards Board for Professional Educators who is regularly employed, or otherwise contracted if following retirement, for the full normal working time for his or her position in a public day school or school district within the State, or in any school or teacher-training institution located within the State, controlled by the State Board of Education, and supported wholly by the State; or in certain public independent schools designated for such purposes by the Board in accordance with section 1935 of this title. See
§ 1944d. Employer annual charge for teacher health care
(a) Beginning on July 1, 2018, the employer of teachers who become members of the State Teachers’ Retirement System of Vermont on or after July 1, 2015 shall pay an annual assessment of $1,275.00 for each such teacher to the Benefits Fund.
(b) Beginning on July 1, 2019, and each year thereafter, the annual assessment shall be adjusted to account for inflation, as approved annually by the Board of Trustees. (Added 2013, No. 179 (Adj. Sess.), § E.514.4; amended 2017, No. 165 (Adj. Sess.), § 20; 2018, No. 11 (Sp. Sess.), § E.515.2.)