Where Mike Stands
The Treasurer’s job is to protect Vermonters’ money and put it to work for them. Mike has strengthened the pension system, helped thousands of Vermonters start saving for retirement, and used the state’s balance sheet to take on the cost of housing and healthcare.
“I want Vermont to be a place where young families can afford to put down roots – where housing is within reach, healthcare doesn’t bankrupt anyone, and all Vermonters have the opportunity to live in vibrant, safe, and well-designed communities.”
— Mike Pieciak
Secure Futures
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Pensions
$2 billion cut from unfunded pension liabilities. Mike worked with lawmakers and unions on a compromise that protects retirement for teachers and state employees. It passed unanimously.
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Vermont Saves
Over 7,500 Vermonters saving for retirement. Mike’s office launched Vermont Saves for workers whose employers offer no retirement plan, at no cost to employers.
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First Steps Forward
$3,200 for every child born on Medicaid. The money grows until adulthood, then helps pay for a home, school, or a business. A 450-baby pilot starts in 2027.
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Building Our Economy
A Treasurer’s Office that thinks beyond tomorrow. Mike invests in Vermont’s communities to create a better future for generations to come.
Lower Costs
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Housing
1,700 new homes. Mike committed up to $130 million in low-interest loans to build workforce housing through the “10% in Vermont” program.
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Medical Debt
$100 million in medical debt erased. Mike proposed and passed a plan to buy and cancel $100 million of Vermonters’ medical debt with a one-time $1 million investment.
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Prescription Drugs
Lower prices at the pharmacy counter. Mike proposed ArrayRX, a discount card that joins Vermont with states like Connecticut and California to drive down drug prices.
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Climate
Polluters pay, not Vermonters. Mike helped establish Vermont’s Climate Superfund so those responsible cover the cost of floods and severe weather.
Standing Up for Our Neighbors
From two immigration defense attorneys to eight. When the Trump administration put Vermont’s immigrant neighbors at risk, Mike helped start the Vermont Immigration Legal Defense Fund to back the lawyers defending them in court. More than 100 attorneys have now been trained.
