Vermont § 476 Exemption of member’s interest; assignment

Vermont Statutes

§ 476 — Exemption of member’s interest; assignment

Vermont § 476

Title 3Title 3: Executive

Ch. 16Chapter 016: Vermont Employees' Retirement System

This text of Vermont § 476 (Exemption of member’s interest; assignment) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 3, § 476 (2026).

Text

A member’s annuity, pension, or retirement allowance under this subchapter and the member’s assets in the Retirement System shall not be exempt from taxation, including income tax, but shall be exempt from the operation of any laws relating to bankruptcy or insolvency and shall not be attached or taken upon execution or other process of any court. No assignment by a member of any part of such assets to which the member is or may be entitled, or of any interest in such assets, shall be valid, except to the extent permitted by this subchapter. (Added 1971, No. 231 (Adj. Sess.). § 4; amended 1973, No. 117, § 12; 2007, No. 13, § 13.)

Free access — add to your briefcase to read the full text and ask questions with AI

A member’s annuity, pension, or retirement allowance under this subchapter and the member’s assets in the Retirement System shall not be exempt from taxation, including income tax, but shall be exempt from the operation of any laws relating to bankruptcy or insolvency and shall not be attached or taken upon execution or other process of any court. No assignment by a member of any part of such assets to which the member is or may be entitled, or of any interest in such assets, shall be valid, except to the extent permitted by this subchapter. (Added 1971, No. 231 (Adj. Sess.). § 4; amended 1973, No. 117, § 12; 2007, No. 13, § 13.)