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2001 SESSION

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HB 1776 Retirement System; transfer of member contributions.

Introduced by: Riley E. Ingram | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Virginia Retirement System. Permits VRS to transfer member contributions paid by employers on or after July 1, 1980, to individual member accounts, provided that such contributions have been previously deposited in the employer's account. This bill is identical to SB 840.

SUMMARY AS INTRODUCED:

Virginia Retirement System. Permits VRS to transfer member contributions paid by employers on or after July 1, 1980 to individual member accounts, provided that such contributions have been previously deposited in the employer's account.