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1995 SESSION

• | print version

HB 1927 Retirement System; health insurance credits for retired teachers.

Introduced by: Lacey E. Putney | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia Retirement System; health insurance credits for retired teachers. Mandates that teachers retired under VRS who rendered at least 15 years of total creditable service under the System shall receive a health insurance credit added to their monthly retirement allowances, which shall be applied to reduce the retired member's health insurance premium costs. Currently, the health insurance credit program is optional for employers. The bill also provides for a reimbursement of up to the applicable credit for members who purchase an alternative personal health insurance policy. The effective date of the bill is January 1, 1996, provided that state funding is included in the 1996-98 budget bill.

FULL TEXT

• 01/20/95  House: Presented & ordered printed LD3655416  pdf
• 02/05/95  House: Printed as engrossed LD3655416-E  pdf

AMENDMENTS

• House amendments

HISTORY

• 01/20/95  House: Presented & ordered printed LD3655416
• 01/20/95  House: Referred to Committee on Appropriations
• 02/03/95  House: Reported from Appropriations with amd. (22-Y 0-N)
• 02/04/95  House: Read first time
• 02/05/95  House: Read second time
• 02/05/95  House: Committee amendment agreed to
• 02/05/95  House: Engrossed by House as amended
• 02/05/95  House: Printed as engrossed LD3655416-E
• 02/06/95  House: Read third time and passed House (Block Vote) (100-Y 0-N)
• 02/06/95  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/06/95  House: Communicated to Senate
• 02/07/95  Senate: Read first time
• 02/07/95  Senate: Referred to Committee on Finance
• 02/21/95  Senate: Left in Finance