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2008 SESSION

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HB 736 Retirement System; average final compensation retirement multiplier for teachers.

Introduced by: C. Charles Caputo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Retirement System; average final compensation retirement multiplier for teachers. Increases from 1.7 to 2.0 the average final compensation retirement multiplier for teachers with five or more years of creditable service earned as a teacher. The bill applies to current and future retirees.


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