Vermont Governor signs bill to protect pensions - NEWS10 ABC: Albany, New York News, Weather, Sports

Vermont Governor signs bill to protect pensions

MONTPELIER, Vt., - Governor Peter Shumlin has signed as law which will protect Vermonters’ pensions against predatory lenders.

“Predatory lending that targets people’s retirement and pensions is a growing problem across the country,” the Governor said. “This bill allows us to get ahead of the problem before Vermonters suffer and hopefully will be an inspiration to other states to stamp out this predatory practice.  I thank the Legislature for its hard work on this bill.”

The Governor also announced the release of a report from the Governor’s Commission on Successful Aging, which is the first step which could improve employment opportunities for those 55 and older.

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