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2007 SESSION

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SB 976 Optional retirement plan; annual contribution for employees of higher educ. to be same as VRS member

Introduced by: John S. Edwards | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Optional retirement plan; institutions of higher education. Provides that the annual contribution to optional retirement plans covering certain employees at institutions of higher education would not be less than the percentage contribution rate in effect that is generally applicable for state employees who are members of the Virginia Retirement System, including the five percent member contribution rate.


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