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2003 SESSION
HB 1789 VRS; prohibition-selecting different option; payment retirement allow.
Introduced by: Robert Tata | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Retirement System; prohibition on selecting a different option for the payment of a retirement allowance. Clarifies that a member retiring a second or subsequent time under any of the retirement plans administered by the Virginia Retirement System is prohibited from selecting a different option for the payment of his retirement allowance than the one selected upon his first retirement, except as provided for in the case of the death of a contingent annuitant, divorce from a beneficiary or the giving of consent by a contingent annuitant.
FULL TEXT
HISTORY
- 01/08/03 House: Presented & ordered printed, prefiled 01/07/03 039015260
- 01/08/03 House: Referred to Committee on Appropriations
- 01/27/03 House: Tabled in Appropriations (23-Y 1-N)