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2025 Vermont Statutes
Title 3 - Executive
Chapter 17 - Vermont Pension Investment Commission
§ 525. Vermont Pension Investment Commission; market factor analysis for classified positions

Universal Citation:
3 VT Stats § 525
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§ 525. Vermont Pension Investment Commission; market factor analysis for classified positions

The Department of Human Resources shall conduct and implement a market factor analysis for all classified positions within the Vermont Pension Investment Commission not later than January 15, 2026, and every three years thereafter. The market factor analysis may:

(1) follow all policies and procedures established by the Department of Human Resources for conducting market factor analyses;

(2) compare total compensation for comparable positions in relevant public labor markets, with particular attention to other public pension investment organizations of similar asset size and investment complexity;

(3) consider the specialized skills, education, certifications, and experience required for investment-related positions;

(4) evaluate recruitment and retention challenges specific to these positions;

(5) recommend appropriate market factor adjustments when warranted by the analysis; and

(6) include an assessment of the fiscal impact of any recommended market factor adjustments. (Added 2025, No. 27, § E.134.1, eff. July 1, 2025.)

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