- Associated Press - Friday, September 15, 2017

MONTPELIER, Vt. (AP) - Vermont officials say they will allocate $3.55 million annually to help pay for calendar years that add an extra week of Medicaid benefits and payroll for state employees.

The Times Argus reports (https://bit.ly/2xEALwj ) Finance and Management Commissioner Adam Greshin announced Thursday the next occurrence would be in 2022, costing the state a total of $23.2 million.

The calendar year normally has 26 payroll weeks for employees, but an extra week means the state would pay an additional $11.8 million. It also means another $11.4 million is required for Medicaid benefits.

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Both costs were calculated using growth estimates from the Bureau of Labor Statistics.

Greshin says the state plans to cover costs entirely with money from the General Fund.


Information from: The Times Argus, https://www.timesargus.com/

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