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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
2003 SESSION
HB 2122 Virginia Retirement System; purchase of prior service credit.
Introduced by: John S. Reid | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Virginia Retirement System; purchase of prior service credit. Provides that school division superintendents may purchase an additional 10 years of retirement service credit for prior service for the Commonwealth or another state (this is in addition to the four years under law that may already be purchased). The cost for each additional year of service shall equal 10 percent of the superintendent's compensation at the time of purchase, provided that the additional retirement service is purchased within one year of the superintendent's eligibility and is paid for in one lump-sum payment to the Virginia Retirement System. For each year of service purchased under the bill, the school division superintendent is required to serve the same number of years as a school division superintendent subsequent to the date of purchase. Any school division superintendent who fails to serve the required number of years shall forfeit any credited service for the number of years not served and shall be liable to his local board for any amount paid by it for purchasing the forfeited prior service credit.
FULL TEXT
- 01/08/03 House: Presented & ordered printed, prefiled 01/08/03 033933904 pdf | impact statement
- 02/11/03 Senate: Committee substitute printed 039100540-S1 pdf | impact statement
- 02/22/03 House: Conference substitute printed 039112904-H1 pdf
- 02/27/03 House: Bill text as passed House and Senate (HB2122ER) pdf | impact statement
- 03/31/03 Governor: Acts of Assembly Chapter text (CHAP0947) pdf
AMENDMENTS
HISTORY
- 01/08/03 House: Presented & ordered printed, prefiled 01/08/03 033933904
- 01/08/03 House: Referred to Committee on Appropriations
- 01/27/03 House: Reported from Appropriations (22-Y 2-N)
- 01/29/03 House: Read first time
- 01/30/03 House: Read second time and engrossed
- 01/31/03 House: Read third time and passed House (86-Y 12-N)
- 01/31/03 House: VOTE: PASSAGE (86-Y 12-N)
- 01/31/03 House: Communicated to Senate
- 02/03/03 Senate: Constitutional reading dispensed
- 02/03/03 Senate: Referred to Committee on Finance
- 02/11/03 Senate: Reported from Finance with substitute (15-Y 0-N)
- 02/11/03 Senate: Committee substitute printed 039100540-S1
- 02/12/03 Senate: Const. reading disp., passed by for the day (40-Y 0-N)
- 02/12/03 Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
- 02/13/03 Senate: Read third time
- 02/13/03 Senate: Reading of substitute waived
- 02/13/03 Senate: Committee substitute agreed to 039100540-S1
- 02/13/03 Senate: Engrossed by Senate - committee substitute 039100540-S1
- 02/13/03 Senate: Passed Senate with substitute (39-Y 0-N)
- 02/13/03 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 02/13/03 Senate: Rec. of Sen. passage agreed to by Senate (38-Y 0-N)
- 02/13/03 Senate: VOTE: (38-Y 0-N)
- 02/13/03 Senate: Passed Senate with substitute (38-Y 0-N)
- 02/13/03 Senate: VOTE: (38-Y 0-N)
- 02/14/03 House: Placed on Calendar
- 02/17/03 House: Senate substitute rejected by House (5-Y 86-N)
- 02/17/03 House: VOTE: REJECTED (5-Y 86-N)
- 02/19/03 Senate: Senate insisted on substitute (39-Y 0-N)
- 02/19/03 Senate: VOTE: INSIST & REQUEST (39-Y 0-N)
- 02/19/03 Senate: Senate requested conference committee
- 02/20/03 House: House acceded to request
- 02/20/03 House: Conferees appointed by House
- 02/20/03 House: Delegates: Reid, Hamilton, Bland
- 02/20/03 Senate: Conferees appointed by Senate
- 02/20/03 Senate: Senators: Stolle, Trumbo, Saslaw
- 02/22/03 House: Conference substitute printed 039112904-H1
- 02/22/03 House: Conference report agreed to by House (84-Y 13-N)
- 02/22/03 House: VOTE: ADOPTION (84-Y 13-N)
- 02/22/03 Senate: Reading of conference report waived
- 02/22/03 Senate: Conference report agreed to by Senate (39-Y 0-N)
- 02/22/03 Senate: VOTE: CONF. COMMITTEE RPT. (39-Y 0-N)
- 02/27/03 House: Bill text as passed House and Senate (HB2122ER)
- 03/05/03 House: Enrolled
- 03/05/03 House: Signed by Speaker
- 03/06/03 Senate: Signed by President
- 03/24/03 Governor: Approved by Governor-Chapter 947 (effective 7/1/03)
- 03/31/03 Governor: Acts of Assembly Chapter text (CHAP0947)