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2005 SESSION

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HB 2748 Claims; Marianne Z. Knight.  

Introduced by: John M. O'Bannon, III | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Claims; Marianne Z. Knight.  Allows Marianne Z. Knight to purchase two years of creditable service for retirement purposes. Ms. Knight was employed as a teacher by the Henrico County Public School System between 1961 and 2001, though she left the system at different intervals to teach in school systems located in other jurisdictions for a total of 6 years. She purchased four years of creditable service using the pre-tax payroll deduction believing that any portion of the service years remaining at the time of her retirement could be purchased with a lump sum payment. When she retired with two years remaining to be purchased, she was informed by the Virginia Retirement System that she could not purchase the remaining years because she had chosen the pre-tax payroll deduction option to purchase the years while she was employed.


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