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State should issue bonds to finance teachers’ retirement

APRIL 8, 2021 | by Stephen Walke | VTDIGGER (VERMONT)

Op-ed by Stephen Walke, includes “The state of Vermont should honor its obligation to fully fund its teachers’ retirement system. It is simply not fair to place the burden on our educators. … Whether the approximately $1.5 billion owed appears on the state’s balance sheet as obligations backed by the full faith and credit of the state — that is, bonds — or as a pension fund liability, the state’s fiscal position is the same.” hmm

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