There are more cutbacks at IBM in Essex Junction. Less than two
months after 419 employees lost their jobs, more workers are losing some of
their pay. IBM says it is furloughing all employees across the country who work in the
Systems and Technology Group. That
includes the chip plant in Vermont .
Employees will be required to take one
week off at one-third pay. Managers will
get no pay.
State Treasurer Beth Pearce today
announced that the Vermont State Teachers’ Retirement System Board of Trustees
has approved a recommendation to implement an Employer Group Waiver Plan for
retirees on Medicare. The move is
expected to save the state up to $2.3 million annually in Medicare retiree
prescription drug costs. The plan will
provide prescription drug benefits to Medicare-eligible retirees that match the
current plan, but at a lower cost to the state. The cost savings come from leveraging
pharmaceutical discounts and government subsidies.
Two weeks after residents
approved a new fire station, town officials have taken the first steps towards
construction. In a short special meeting
last night, the Castleton Select Board authorized the town manager and the
town's attorney to begin deed work for the purchase and to present the project
plans to the Development Review Board for the subdivision permits on the property.
The Vermont Fish and
Wildlife Department wants your input about dealing with the state's deer
population. A two year review is now
underway including online surveys and working groups to get public opinion. Wildlife officials will continue to hold
public hearings through next year before any recommendations about hunting and
regulations are sent to the Governor. Four
more public hearings will be held before the end of 2014.
In a rare off-session
meeting of a full standing committee, the House Health Care Committee will
convene this week in Winooski for an update on a host of high-level reforms
being instituted by the Shumlin administration this summer and fall. Wednesday’s meeting is purely informational;
no votes are scheduled, and committee members say the panel won’t seek to
influence the administration’s execution of plans approved by the Legislature
earlier this year.
For the fourth consecutive
year, Ticonderoga Federal Credit Union (TFCU) will host its Back to School Supply Drive for area students. Now through Sept. 3, the credit union will
collect school supply donations at each of the Credit Union’s three branches
and two ATM locations. Collected
supplies will be given to ten area schools to distribute to students as they
see fit. Suggested items include: No. 2
pencils, crayons, spiral notebooks, pocket folders, pens, washable glue sticks,
boxes of tissue, anti-bacterial wipes or hand-sanitizer. For a complete list and for more details on
the program, just visit their website at www.tfcunow.com or contact any branch.