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2001 SESSION
HB 2005 Retirement System; prior service credit for military service.
Introduced by: Joseph P. Johnson, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Retirement System; purchase of prior service credit for military service. Lowers from 25 years to 20 years the minimum length of time a member must be covered by the Virginia Retirement System before being eligible to purchase up to four years of prior service credit for active duty military service at the rate of five percent of salary for each year to be credited.
FULL TEXT
HISTORY
- 01/10/01 House: Presented & ordered printed, prefiled 01/10/01 011722792
- 01/10/01 House: Referred to Committee on Appropriations
- 01/22/01 House: Tabled in Appropriations (28-Y 0-N)