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2004 SESSION
HB 84 State Police Officers' and Law Officers' Retirement Systems; changes in benefits.
Introduced by: Vincent F. Callahan, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Retirement; state police officers and certain local law-enforcement officers. Modifies the retirement benefits of state police officers and to certain local law-enforcement officers by (i) increasing from 1.7 percent to 2.7 percent the percentage of average final compensation multiplied by the years of creditable service in such positions, and by deleting the supplemental allowance currently paid to members upon retirement until their Social Security retirement age; (ii) deleting the minimum age requirement for retirement for members with 25 or more years of service; and (iii) providing that deputy sheriffs employed by political subdivisions participating in the Virginia Retirement System shall receive the same retirement benefits as sheriffs.
FULL TEXT
HISTORY
- 01/14/04 House: Presented & ordered printed, prefiled 12/16/03 046401260
- 01/14/04 House: Referred to Committee on Appropriations
- 01/15/04 House: Assigned to App. sub-committee: 10
- 02/09/04 House: Tabled in Appropriations (22-Y 3-N)