Vermont 2023-2024 Regular Session

Vermont House Bill H0237

Introduced
2/14/23  

Caption

An act relating to health insurance, life insurance, and adjournment compensation for members of the General Assembly

Impact

The proposed changes will have repercussions on state laws governing compensation and benefits for elected officials. The adjustment of life insurance benefits and health coverage signifies a shift in state policy towards improved support for public servants. The increase in life insurance for retired state employees from $10,000 to $15,000 also underlines the state's commitment to providing better benefits for those who have served. Furthermore, members of the General Assembly will receive compensation during adjournment, which amounts to 10% of their weekly salary, ensuring that their time spent in legislative duties is recognized even when the assembly is not in session.

Overall

Overall, HB 0237 aims to modernize and enhance the benefits afforded to Vermont legislators, which reflects an evolving view of the value of public service in the state. As the bill progresses through the legislative process, it remains to be seen how the discussions surrounding its provisions will influence public opinion and support among both constituents and fellow legislators.

Summary

House Bill 0237 proposes to revise the compensation and benefits structure for members of the General Assembly in Vermont. The bill makes significant changes by allowing General Assembly members to enroll in the State employees' health benefit plan, wherein the state will cover 80% of the premium, while members are responsible for the remaining 20%. Additionally, it increases the term life insurance coverage for legislators to $15,000, with a similar premium sharing structure being applied. This marks an enhancement of financial security for legislators during their service.

Contention

While supporters argue that these benefits are necessary to attract and retain qualified individuals in public office, concerns have been raised about the financial implications of expanding benefits for legislators. Critics may argue that amidst the budget challenges faced by many states, enhancing compensation for lawmakers could be viewed as misallocation of state resources. These discussions could bring about debates on fairness and priorities in state spending, especially in light of other pressing social needs.

Companion Bills

No companion bills found.

Previously Filed As

VT H0450

An act relating to supplemental income, health insurance, and retirement benefits for members of the General Assembly

VT S0039

An act relating to compensation and benefits for members of the Vermont General Assembly

VT S0224

An act relating to compensation and benefits for members of the Vermont General Assembly

VT H0281

An act relating to increased compensation and expanded benefits for members of the General Assembly

VT H0750

An act relating to unemployment insurance eligibility for members of the General Assembly

VT H0217

An act relating to child care, early education, workers' compensation, and unemployment insurance

VT S0095

An act relating to banking and insurance

VT H0095

An act relating to updating and reorganizing the health insurance statutes in 8 V.S.A. chapter 107

VT S0030

An act relating to updating and reorganizing the health insurance statutes in 8 V.S.A. chapter 107

VT H0137

An act relating to the regulation of insurance products and services

Similar Bills

No similar bills found.