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2012 SESSION

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HB 350 Virginia Retirement System; modifies disability benefits provided to state employees.

Introduced by: M. Kirkland Cox | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Virginia Retirement System; disability benefits.  Modifies the disability benefits provided to state employees by (i) no longer reducing such benefit by the amount of military disability benefits received and (ii) reflecting changes made in 2009 by the General Assembly limiting new employees to disability payments in an amount of 60 percent of their creditable compensation for the first 60 months of employment. The bill also makes some technical changes. The bill contains an emergency clause.


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