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1998 SESSION

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SB 38 Retirement System; deferred compensation plan.

Introduced by: R. Edward Houck | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia Retirement System; deferred compensation plan. Clarifies that accounting and reconciliation services associated with deferred compensation plan contributions for employees of (i) state agencies with decentralized payroll functions and (ii) participating political subdivisions are the responsibility of such state agency or political subdivision. The Department of Accounts is responsible for such services for employees of other state agencies.


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