Virginia House Bill 1316 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 18 2014 - 25% progression, died in committee
Action: 2015-02-10 - Left in Courts of Justice
Pending: House Courts of Justice Committee
Text: Latest bill text (Prefiled) [HTML]

Virginia Retirement System; average final compensation. Provides that if an employee receives increases in compensation related to a promotion or new position in the last four years of service that exceed 400 percent of the employee's average annual compensation during the preceding three years, then the employee's service retirement allowance shall be based upon average annual compensation during the employee's final 10 years of service. The provision would not apply to an employee who returns to service after at least a one year gap in service, who receives a judicial appointment, or who is elected Governor or Attorney General.

Virginia Retirement System; average final compensation.

Del. David Toscano [D]

Date	Chamber	Action
2015-02-10	House	Left in Courts of Justice
2015-02-04	House	Subcommittee recommends laying on the table by voice vote
2015-01-13	House	Assigned Courts sub: Ethics
2014-11-18	House	Referred to Committee for Courts of Justice
2014-11-18	House	Prefiled and ordered printed; offered 01/14/15 15101080D

Chapter	Article	Section	Citation Type	Statute Text
51	1	152	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?151+sum+HB1316
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?151+ful+HB1316+hil