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1995 SESSION

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HB 717 Retirement System; health insurance credits.

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 to their monthly retirement allowances, which shall be applied to reduce the retired members' health insurance premium costs. Currently, the health insurance credit program is optional for employers. The bill also provides for reimbursement up to the applicable credit for members who purchase an alternative personal health insurance policy. The effective date of the bill is January 1, 1995.

FULL TEXT

• 01/25/94  House: Presented and ordered printed  pdf

HISTORY

• 01/25/94  House: Presented and ordered printed
• 01/25/94  House: Referred to Committee on Appropriations
• 02/11/94  House: Continued to 1995 in Appropriations (22-Y 0-N)
• 12/19/94  House: No action taken by Appropriations by voice vote