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2000 SESSION

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HB 184 Retirement System; prior service credit.

Introduced by: Robert S. Bloxom | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Retirement System; prior service credit. Permits state employees, for retirement benefit purposes, to purchase up to four years of prior service credit for service in a full-time hourly wage position with the Commonwealth prior to July 1, 1988. The cost to the employee is five percent of his present annual compensation for each year to be credited, or five percent of the average of his highest three years of compensation, whichever is greater.

FULL TEXT

• 01/12/00  House: Presented & ordered printed 008636644  pdf

HISTORY

• 01/12/00  House: Presented & ordered printed 008636644
• 01/12/00  House: Referred to Committee on Appropriations
• 02/08/00  House: Continued to 2001 in Appropriations (29-Y 0-N)