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2012 SESSION
12103727DBe it enacted by the General Assembly of Virginia:
1. That § 51.1-155.2 of the Code of Virginia is amended and reenacted as follows:
§ 51.1-155.2. Exceptions from general early retirement provisions for certain local government officials.
A. Members of the retirement system who (i) are appointed
county administrator pursuant to § 15.2-406 or 15.2-1540, urban county
executive pursuant to § 15.2-804, county executive pursuant to § 15.2-509,
county manager pursuant to § 15.2-609 or 15.2-702, county administrator or city
or town manager pursuant to Chapter 15 (§ 15.2-1500 et seq.) of Title 15.2, or
county, city,
or town attorney pursuant to § 15.2-1542, or general
registrar pursuant to § 24.2-109; (ii) are involuntarily
separated from service; and (iii) have 20 or more years of creditable service
at the date of separation may retire without the reduction in retirement
allowance required by subdivisions A 2 and A 3 of § 51.1-155 upon attaining age
60 if the member is a person who becomes a member on or after July 1, 2010, and
upon attaining age 50 for any other member.
B. For the purposes of this section, "involuntary separation" means any dismissal, requested resignation, or failure to obtain reappointment, except in case of a conviction for a felony or crime involving moral turpitude or dishonesty.
C. The cost of this provision shall be borne by the locality.