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2020 SPECIAL SESSION I
SB 5119 Virginia Retirement System; average final compensation.
Introduced by: Frank M. Ruff, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Retirement System; average final compensation. Directs the Virginia Retirement System to use a furloughed member's compensation in place the month prior to the declared statewide emergency that resulted in the furlough in calculating a member's average final compensation for purposes of determining retirement benefits.
FULL TEXT
HISTORY
- 08/21/20 Senate: Presented and ordered printed 20200906D
- 08/21/20 Senate: Referred to Committee on Finance and Appropriations
- 09/03/20 Senate: Stricken at request of Patron in Finance and Appropriations (16-Y 0-N)