The Public Retirement Study Committee released its report on the feasibility of establishing a publicly administered retirement program for Vermonters who do not have access to a retirement plan through their employer.
The study committee's recommendations would direct the treasurer's office to set up and administer a multiple employer plan (MEP) that would be made available to small employers who do not currently offer retirement plans to their employees. Subsequent to implementing the MEP, the treasurer would also establish an online portal for employees who still do not have access to a retirement plan through their employer. This would allow them to access a plan independently. After 3 years, participation rates in the MEP will be reviewed and, if there is not significant participation, a committee will consider ways to increase participation rates.
Some members of the study committee thought more should be done to ensure higher participation rates at the outset of the program. The minority report can be found in the appendix. We expect bills to be introduced in both the House and Senate.
Protect Our Care - Jan. 15
Please join us for a national day of action highlighting the importance of keeping a sensible framework in tact for our health care system. Rather than focusing on strengthening health care coverage, Republicans in Congress and President-elect Trump have a plan that does just the opposite: it rolls back the most important protections. Together, with nearly 20 other statewide organizations, MSA-VT is standing up to oppose the Republican effort to collapse the ACA, end Medicare as we know it, and slash Medicaid funding. We hope you can be there.
More information about this event can be found here.
Sign the MSA small business letter to Congress here.
The economic development committees in both the House and Senate outlined classification of employees and independent contractors as priority for this year.
Launch of the Vermont Early Childhood Business Council
Child Care: the Economic Linchpin
Wednesday, February 1, 9:30 AM - Noon
Capitol Plaza, 100 State Street, Montpelier
The discussion will explore how Vermont’s child care system can better support our current and future workforce, businesses and the economy. RSVP on the Vermont Early Childhood Business Council website.
Governor Scott highlights child care as a priority
In his inaugural address, Governor Phil Scott highlighted the need to invest in early education as a way to grow the economy. Let’s Grow Kids is asking folks to email Brittney Wilson in the governor's office to thank Governor Scott for supporting Vermont’s youngest children.
Now that lawmakers have been sworn in, it’s time to get to work!
Contact your legislators to let them know increased investment in the Child Care Financial Assistance Program, which offers tuition assistance in support of families whose children need access to early care and learning programs, is important to you.
- Nutty Steph’s is supporting our work on a statewide family and medical leave insurance program through online sales of the Family Bar. Proceeds support our work on the VT FaMLI Campaign. We encourage you to order a case of bars today to share with friends, family, colleagues - or to resell in your storefront and help spread the word about the importance of family and medical leave for families and small businesses!