Virginia House Bill 1130 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on April 9 2012 - 100% progression
Action: 2012-04-09 - Governor: Acts of Assembly Chapter text (CHAP0701)
Text: Latest bill text (Chaptered) [HTML]

Virginia Retirement System; hybrid defined contribution and defined benefit retirement program. Creates a new hybrid retirement program, administered by the Virginia Retirement System, that contains a defined contribution and a defined benefit component. All new state employees, local employees, and judges commencing employment on or after January 1, 2014, would be required to participate in the hybrid plan. Employees in service on December 31, 2013, would be given the opportunity to make a one-time, irrevocable election to participate in the new hybrid program. The bill also creates a disability program for local employees participating in the hybrid plan. The bill also makes adjustments to the existing defined benefit plan for nonvested employees, including lowering the retirement benefit multiplier from 1.7 to 1.65, basing average final compensation on 60 months of service instead of 36, and capping the cost-of-living adjustment at three percent. Any person with less than 20 years service who takes early retirement would not receive a cost-of-living adjustment until one year after he reaches normal retirement age.

Retirement System; hybrid retirement program created, optional defined retirement plan created, etc.

Del. William Howell [R]

Del. Chris Jones [R]

2012-03-10 - House - House: VOTE: ADOPTION (60-Y 34-N) (Y: 62 N: 34 NV: 6 Abs: 0) [PASS]
2012-03-10 - Senate - Senate: Conference report agreed to by Senate (34-Y 6-N) (Y: 34 N: 6 NV: 0 Abs: 0) [PASS]
2012-03-10 - Senate - Senate: Reconsideration of conference report agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-10 - Senate - Senate: Conference report agreed to by Senate (33-Y 6-N) (Y: 33 N: 6 NV: 1 Abs: 0) [PASS]
2012-03-06 - Senate - Senate: Senate insisted on substitute (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-03-05 - House - House: VOTE: REJECTED (3-Y 93-N) (Y: 3 N: 95 NV: 4 Abs: 0) [FAIL]
2012-03-01 - Senate - Senate: Passed Senate with substitute (36-Y 4-N) (Y: 36 N: 4 NV: 0 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-01 - Senate - Senate: Passed Senate with substitute (32-Y 7-N) (Y: 32 N: 7 NV: 1 Abs: 0) [PASS]
2012-02-29 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-28 - Senate - Senate: Reported from Finance with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-14 - House - House: VOTE: PASSAGE (68-Y 30-N) (Y: 70 N: 30 NV: 2 Abs: 0) [PASS]
2012-02-10 - House - House: Reported from Appropriations with substitute (19-Y 2-N) (Y: 19 N: 2 NV: 1 Abs: 0) [PASS]
2012-02-09 - House - House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N) (Y: 7 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2012-04-09		Governor: Acts of Assembly Chapter text (CHAP0701)
2012-04-09		Governor: Approved by Governor-Chapter 701 (effective 7/1/12)
2012-03-17		Senate: Signed by President
2012-03-15		House: Signed by Speaker
2012-03-15		House: Bill text as passed House and Senate (HB1130ER)
2012-03-15		House: Enrolled
2012-03-10		House: VOTE: ADOPTION (60-Y 34-N)
2012-03-10		House: Conference report agreed to by House (60-Y 34-N)
2012-03-10		House: Pending question ordered
2012-03-10		House: Conference substitute printed 12106174D-H2
2012-03-10		Senate: Conference report agreed to by Senate (34-Y 6-N)
2012-03-10		Senate: Reconsideration of conference report agreed to by Senate (40-Y 0-N)
2012-03-10		Senate: Conference report agreed to by Senate (33-Y 6-N)
2012-03-08		Senate: Senators: Watkins, Howell, Wagner
2012-03-08		Senate: Conferees appointed by Senate
2012-03-07		House: Delegates: Howell, W.J., Jones, Joannou
2012-03-07		House: Conferees appointed by House
2012-03-07		House: House acceded to request
2012-03-06		Senate: Senate requested conference committee
2012-03-06		Senate: Senate insisted on substitute (39-Y 0-N)
2012-03-05		House: VOTE: REJECTED (3-Y 93-N)
2012-03-05		House: Senate substitute rejected by House 12105671D-S1 (3-Y 93-N)
2012-03-02		House: Placed on Calendar
2012-03-01		Senate: Passed Senate with substitute (36-Y 4-N)
2012-03-01		Senate: Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
2012-03-01		Senate: Passed Senate with substitute (32-Y 7-N)
2012-03-01		Senate: Engrossed by Senate - committee substitute HB1130S1
2012-03-01		Senate: Committee substitute agreed to 12105671D-S1
2012-03-01		Senate: Reading of substitute waived
2012-03-01		Senate: Read third time
2012-02-29		Senate: Constitutional reading dispensed (40-Y 0-N)
2012-02-29		House: Incorporates HB1129
2012-02-28		Senate: Reported from Finance with substitute (15-Y 0-N)
2012-02-28		Senate: Committee substitute printed 12105671D-S1
2012-02-15		Senate: Referred to Committee on Finance
2012-02-15		Senate: Constitutional reading dispensed
2012-02-14		House: VOTE: PASSAGE (68-Y 30-N)
2012-02-14		House: Read third time and passed House (68-Y 30-N)
2012-02-13		House: Engrossed by House - committee substitute HB1130H1
2012-02-13		House: Committee substitute agreed to 12105287D-H1
2012-02-13		House: Read second time
2012-02-12		House: Read first time
2012-02-10		House: Committee substitute printed 12105287D-H1
2012-02-10		House: Reported from Appropriations with substitute (19-Y 2-N)
2012-02-09		House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N)
2012-01-16		House: Assigned App. sub: Compensation and Retirement
2012-01-12		House: Referred to Committee on Appropriations
2012-01-12		House: Presented and ordered printed 12104008D

SB498 (Same As) 2012-04-18 - Governor: Acts of Assembly Chapter text (CHAP0823)

Chapter	Article	Section	Citation Type	Statute Text
51	1	1100	(n/a)	See Bill Text
51	1	1400	(n/a)	See Bill Text
51	1	1405	(n/a)	See Bill Text
51	1	145	(n/a)	See Bill Text
51	1	170	(n/a)	See Bill Text
51	1	201	(n/a)	See Bill Text
51	1	202	(n/a)	See Bill Text
51	1	212	(n/a)	See Bill Text
51	1	213	(n/a)	See Bill Text
51	1	601.1	(n/a)	See Bill Text
51	1	602	(n/a)	See Bill Text
51	1	608	(n/a)	See Bill Text
51	1	609	(n/a)	See Bill Text
51	1	611	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB1130
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB1130+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB1130H1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB1130S1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB1130H2+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB1130ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+CHAP0701+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H0202V0027+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H02V0082+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+HV0783+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+S05V0247+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0751HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0799HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0811HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0812HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+HV1397+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0911HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV1087HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV1088HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV1089HB1130+HB1130
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+HV1541+HB1130