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2019 SESSION

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SB 1332 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 INTRODUCED:

Virginia Retirement System; health insurance credits for retired state employees. Increases annually the amount of the health insurance credit for (i) retirees who rendered at least 30 years of creditable service in the Virginia Retirement System and (ii) employees and retirees who are receiving state disability benefits. 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.


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