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2018 SESSION

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SB 321 Virginia Retirement System; health insurance credits for retired state employees.

Introduced by: Frank M. Ruff, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Virginia Retirement System; health insurance credits for retired state employees. Increases annually the amount of the health insurance credit for retirees who rendered at least 30 years of creditable service in the Virginia Retirement System. The bill increases the credit by the same percentage as any annual post-retirement supplement that is calculated for employees hired on or after July 1, 2010. The provisions of the bill are contingent on funding in a general appropriation act.


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