VA HB511 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-02-16 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Retirement System; retirement plans. Modifies the retirement plans administered by the Virginia Retirement System, including (i) having state employees pay a portion of their retirement contributions; (ii) for new state and local employees, increasing the minimum age for unreduced retirement allowance from 50 to 55, and reducing the maximum annual cost of living adjustments to retirement allowances; and (iii) permitting local employers to pay any portion of employees' share of retirement contributions (under current law local employers must pay all or none of such contributions).

Tracking Information

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Title

Retirement System; modifies retirement plans.

Sponsors


History

DateChamberAction
2010-02-16 House: Left in Appropriations
2010-02-11 House: Subcommittee recommends no action by voice vote
2010-01-19 House: Assigned App. sub: Compensation and Retirement
2010-01-12 House: Referred to Committee on Appropriations
2010-01-12 House: Prefiled and ordered printed; offered 01/13/10 10103834D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
511126(n/a)See Bill Text
511126.5(n/a)See Bill Text
511126.6(n/a)See Bill Text
511144(n/a)See Bill Text
511153(n/a)See Bill Text
511166(n/a)See Bill Text
511205(n/a)See Bill Text
511206(n/a)See Bill Text
511216(n/a)See Bill Text
511217(n/a)See Bill Text

Virginia State Sources


Bill Comments

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