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2007 SESSION

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HB 1369 Local retirement systems; prohibits allowing any employee to earn more than 1 yr. of service credit.

Introduced by: Robert D. Hull | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Local retirement systems; creditable service.  Prohibits any local retirement system that is not under the Virginia Retirement System to allow any employee to earn more than one year of service credit for all service rendered in any period of 12 consecutive months. All retirement plans administered by the Virginia Retirement System are under the same prohibition under current law.

FULL TEXT

• 01/11/06  House: Prefiled and ordered printed; offered 01/11/06 061654336  pdf | impact statement

HISTORY

• 01/11/06  House: Prefiled and ordered printed; offered 01/11/06 061654336
• 01/11/06  House: Referred to Committee on Appropriations
• 01/27/06  House: Assigned App. sub: Compensation and Retirement (Putney)
• 02/08/06  House: Continued to 2007 in Appropriations by voice vote
• 12/08/06  House: Left in Appropriations