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2000 SESSION

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HB 294 Law Officers' Retirement System; additional retirement allowance.

Introduced by: Frank M. Ruff | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Law Officers' Retirement System; additional retirement allowance. Provides that the additional retirement allowance payable until the age of 65 to retirees under the Virginia Law Officers' Retirement System ("VaLORS"), be paid pro rata according to the member's years of service in a VaLORS position. Eligibility for the allowance begins when a member has served at least five years in a VaLORS position. Under current law, eligibility for certain members begins only after 20 years of service in a VaLORS position.


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