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2001 SESSION
SB 840 Retirement System; transfer of member contributions.
Introduced by: Benjamin J. Lambert III | 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 HB 1776.
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.