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1995 SESSION

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SB 120 Service retirement allowance for state police.

Introduced by: Edgar S. Robb | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia Retirement System; service retirement allowance for state police officers. Increases the multiplier from 1.65 percent to 2.0 percent of average final compensation in excess of $13,200 to compute annual retirement allowance. State police officers credited with 25 or more years of service shall receive an increase from 1.65 percent to 2.5 percent of average final compensation multiplied by the amount of creditable service.

FULL TEXT

• 01/19/94  Senate: Presented and ordered printed  pdf

HISTORY

• 01/19/94  Senate: Presented and ordered printed
• 01/19/94  Senate: Referred to Committee on Finance
• 02/16/94  Senate: Continued to 1995 in Finance (15-Y 0-N)
• 12/20/94  Senate: Left in Finance