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2005 SESSION
HB 2083 Retirement System; purchase of prior service credit by teachers and retired teachers.
Introduced by: Vivian E. Watts | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Retirement System. Any teacher who is a member of the Virginia Retirement System and any such retired teacher may purchase up to four years of prior service credit for service in the public school system of Canada at the rate of five percent (i) of creditable compensation at the time of purchase or (ii) of average final compensation, whichever is greater.
FULL TEXT
HISTORY
- 01/11/05 House: Prefiled & ordered printed; offered 01/12/05 055231544
- 01/11/05 House: Referred to Committee on Appropriations
- 01/13/05 House: Assigned to App. sub-committee: Compensation & General ...
- 01/24/05 House: Passed by indefinitely in App. (23-Y 0-N)