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2000 SESSION

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HB 73 Local retirement systems.

Introduced by: Vincent F. Callahan, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Local retirement systems. Requires any locality that provides a retirement system outside of the Virginia Retirement System (VRS) to provide its members who retire with applicable age and service requirements with retirement allowances that equal or exceed VRS allowances. Under current law, such localities are required to provide only two-thirds of the VRS allowance and only to members who retire at age 65 or older.

FULL TEXT

• 01/12/00  House: Presented & ordered printed, prefiled 01/11/00 002483660  pdf

HISTORY

• 01/12/00  House: Presented & ordered printed, prefiled 01/11/00 002483660
• 01/12/00  House: Referred to Committee on Appropriations
• 02/08/00  House: Continued to 2001 in Appropriations (29-Y 0-N)