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1994 SESSION

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HB 615 Retirement System; service credit for teachers and state employees.

Introduced by: Clarence E. Phillips | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia Retirement System; prior service or membership credit for certain teachers. Provides continuous service credit, not to exceed two years, at no cost to any teacher who takes an authorized leave of absence, paid or unpaid, pursuant to local school division policies related to pregnancy, adoption, or childbirth provided that (i) the member was on such leave from a covered position, (ii) the member has not withdrawn his accumulated contributions, and (iii) the member reenters service in a covered position within one year after the last date of such leave.


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