Vermont Statutes Title 16 Sec. 1946a
Terms Used In Vermont Statutes Title 16 Sec. 1946a
- Member: shall mean any person included in the System pursuant to section 1933 of this chapter. See
- Pension: shall mean annual payments for life derived from money provided by the State. See
- Retirement: shall mean withdrawal from active service with a retirement allowance granted under the provisions of this chapter. See
- Retirement System: shall mean the State Teachers' Retirement System of Vermont, as defined in section 1932 of this title. See
- State: shall mean the State of Vermont. See
- Superintendent: means the chief executive officer of a supervisory union and each school board within it. See
§ 1946a. Tax exemption for member of retirement system of another state or political subdivision thereof
Payments received by a member of a retirement system of another state or political subdivision thereof, whether called a pension, an annuity, a retirement allowance, or any other name, shall be exempt from taxation, including income tax, provided that such member was at the time of retirement a member of the teaching or supervising staff covered by such retirement system. The term “teaching or supervising staff” shall include the superintendent, assistant superintendents, principals, supervisors, assistant supervisors, directors, assistant directors, examiners, supervising school physicians, supervisors of health education, supervising nurses, and all other persons permanently employed in giving or supervising instruction in a public day school, normal school, teachers’ college, or other educational institution located in, and supported and controlled by, any state or political subdivision thereof.