Vermont § 525 Vermont Pension Investment Commission; market factor analysis for classified positions

Vermont Statutes

§ 525 — Vermont Pension Investment Commission; market factor analysis for classified positions

Vermont § 525

Title 3Title 3: Executive

Ch. 17Chapter 017: Vermont Pension Investment Commission

This text of Vermont § 525 (Vermont Pension Investment Commission; market factor analysis for classified positions) 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, § 525 (2026).

Text

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 posit

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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.