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2007 SESSION

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HB 2956 Retirement System; creates new defined contribution plan for employees who enter on/after 7/1/07.

Introduced by: Robert B. Bell | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Retirement System; defined contribution plan. Creates a new defined contribution plan for all employees who enter on or after July 1, 2007, into any position covered by any retirement plan administered by the Virginia Retirement System. The employee has 90 days after entering into such a position to elect to participate in the defined contribution plan or the retirement plan for which he is otherwise eligible.

FULL TEXT

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 073270232  pdf | impact statement

HISTORY

• 01/10/07  House: Prefiled and ordered printed; offered 01/10/07 073270232
• 01/10/07  House: Referred to Committee on Appropriations
• 01/16/07  House: Assigned App. sub: Compensation and Retirement (Putney)
• 02/06/07  House: Left in Appropriations