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the Vermont Statutes
2011 Vermont Code
Title 03 Executive
Chapter 22 DEFERRED COMPENSATION PROGRAMS
§ 653 Supplementary payments
Universal Citation:
3 VT Stats § 653. (2011 through Adj Sess)
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§ 653. Supplementary payments
Any deferred compensation agreement made pursuant to this chapter shall be in addition to any retirement, pension or benefit programs otherwise available to employees of the public agency entering into the agreement. Furthermore, the current compensation of any employee agreeing to a current reduction under subsection 651(a) of this title shall be deemed to include the amount of any such reduction for the purpose of determining the employee's benefits under any retirement, pension or benefit programs otherwise available to the employee. (Added 1973, No. 175 (Adj. Sess.), eff. July 1, 1973.)
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