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2001 SESSION
HB 1668 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
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 12/11/00 012828660
- 01/10/01 House: Referred to Committee on Counties, Cities and Towns
- 01/15/01 House: Assigned to C. C. T. sub-committee: 3
- 01/16/01 House: Referred from Counties, Cities and Towns by voice vote
- 01/16/01 House: Referred to Committee on Appropriations
- 02/01/01 House: Tabled in Appropriations (26-Y 2-N)