VA HB178 | 2014 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 23 2013 - 25% progression, died in committee
Action: 2014-02-12 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Retirement System; assumed rate of return on investments. Provides that if the General Assembly adopts an assumed rate of return on investments that is different from the rate used by the Board of the Virginia Retirement System (VRS) in determining employer contribution rates for contributions to VRS, the Board shall recalculate the employer contribution rate for each employer to incorporate the assumed rate of return adopted by the General Assembly. The Board is required to provide each employer with its adjusted employer contribution rate as soon as possible.

Tracking Information

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Title

Virginia Retirement System; assumed rate of return on investments for employer contributions.

Sponsors


History

DateChamberAction
2014-02-12HouseLeft in Appropriations
2014-01-30HouseSubcommittee recommends striking from docket by voice vote
2014-01-10HouseAssigned App. sub: Compensation and Retirement
2013-12-23HouseReferred to Committee on Appropriations
2013-12-23HousePrefiled and ordered printed; offered 01/08/14 14100797D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
511145(n/a)See Bill Text

Virginia State Sources


Bill Comments

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