How many public pension plans does Vermont have?

Vermont has 4 public pension plans tracked by the Public Plans Database, covering 55,666 total members (#50 of 51 by membership book). Types on this roster include teachers, police and fire, municipal, and general state systems where present.

Is Vermont's pension system in crisis?

Vermont's public pension plans have an average funded ratio of 79.8% and a total unfunded liability of $954M. An average funded ratio in the 60-80% range indicates moderate underfunding that requires attention but is not yet at crisis levels. Data is sourced from the Boston College Center for Retirement Research.

What is the average funded ratio in Vermont?

The average funded ratio across all 4 public pension plans in Vermont is 79.8% (#15 of 51 among states), based on the most recent Public Plans Database data. A funded ratio of 100% means a plan has sufficient assets to meet all projected obligations. The national average for public pensions is approximately 75.5%. Individual plan ratios in Vermont vary; browse the table above to compare specific plans.

Public Plans Database

Vermont Public Pension Plans

Name: Vermont Public Pension Plans
Creator: Boston College Center for Retirement Research
License: https://www.usa.gov/government-copyright

4 plans · bottom-third membership book (#50 of 51)

Smaller membership book. Vermont ranks #50 of 51 by tracked members (55,666), bottom-third membership book among states.

Avg funded ratio: 79.8%
Total unfunded: $954M
Total members: 55,666
Plans tracked: 4

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Vermont’s 4 tracked plans carry a combined unfunded liability of $954M at an average funded ratio of 79.8%. Plan cards report FY2023 valuations; this site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

PPD actuarial excerpt

State roster VT Vermont

Vermont: avg 79.8% funded (4.3 points above the national average) · 1 D/F grades · unfunded $954M

AVG 79.8%
UNF $954M
MEM 55,666
N 4
DF 1
VS +4.3pt
BEST 96.6%
LOW 66.5%

Funded-ratio peers

Nearest funded-ratio peer: Tennessee (79.3%)

Average funded ratio neighbourhood vs Vermont (FY2023 plan cards)

0 of 3 published-ratio plans sit under 60% actuarial assets; 1 of 4 carry a D or F health grade. How this roster is sourced →

Vermont grade mix on a smaller membership book

Health grades across 4 plans (55,666 members, #50 of 51) use the same FY2023 plan-card snapshot as the hero KPIs and the table below.

Health-grade counts from the same state plan rows as the roster table

Source: Public Plans Database (Boston College CRR / NASRA) As of FY2023 plan cards; history through FY2024

Average actuarial funded ratio across 4 Vermont plans (FY2023 plan cards)

Plan types in Vermont

Aggregates from the same FY2023 plan-card rows as the roster below. Averages include only plans that report a funded ratio.

Type	Plans	Avg funded	Members	Assets	Unfunded
General State	2	71.4%	19,700	$2.65B	$864M
Teachers	1	96.6%	22,047	$2.53B	$90M
Municipal	1	n/a	13,919	$912M	$0M

Every tracked plan in Vermont

FY2023 plan-card snapshot from the Public Plans Database. ARC is the actuarially required contribution as a share of payroll where reported.

Plan	Type	Funded	Grade	Assets	Unfunded	Members	ARC	1yr return
Vermont Teachers Retirement System	Teachers	96.6%	B	$2.53B	$90M	22,047	103.6%	4.3%
Vermont State Employees Retirement System	General State	76.3%	C	$2.42B	$751M	17,513	100.3%	9.6%
Burlington ERS	General State	66.5%	C	$224M	$113M	2,187	100.0%	8.6%
Vermont Municipal Employees	Municipal	n/a	F	$912M	n/a	13,919	65.7%	n/a

Read our methodology - how this data is sourced, computed, and verified.

Compare inside Vermont’s smaller membership roster

Data sourced from official Public Plans Database and actuarial valuations from federal and state pension systems. See our methodology for details. Retrieved and formatted by PlainPension · Vermont roster FY2023

Compiled by PlainPension, Pension Fund Health Editorial Process · July 23, 2026