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1996 SESSION

  • print version
(HB1027)

AMENDMENT PROPOSED BY THE SENATE COMMITTEE ON FINANCE

    1. Page 1, engrossed, line 34

      strike

        all of lines 34 through 38

      insert

        A member who is a state employee shall not be eligible for retirement pursuant to this subsection unless the employee has entered into a binding agreement with the Department of Personnel and Training providing that the employee shall not thereafter re-enter into full-time or part-time employment with any agency in the executive branch of the Commonwealth for a period of two years following retirement. Institutions of higher education may enter into a contract with a member on a part-time basis, not to exceed twenty hours per week, to provide unique technical expertise for projects sponsored by institution-affiliated research foundations, authorities, or non-profit corporations.