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1998 SESSION

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SB 125 Defined contribution plan for state employees in exempted positions.

Introduced by: Richard J. Holland | all patrons    ...    notes | add to my profiles

SUMMARY:

Defined contribution plan. Establishes a defined contribution plan for state employees in exempted positions. The plan provides an optional alternative to the defined benefit program under the Virginia Retirement System. Exempted positions include certain officers appointed by the Governor, officers elected by vote of the General Assembly, certain employees of the Attorney General's Office, and chief deputies and confidential assistants for policy or administration in executive branch agencies.


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