VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

1999 SESSION

• history | hilite | pdf | print version

992425400
HOUSE BILL NO. 1708 Offered January 13, 1999 A BILL directing the Virginia Retirement System to take certain corrective measures with respect to former state employees who elected to retire under the social security option. ---------- Patron-- Phillips ---------- Referred to Committee on Appropriations ----------

Be it enacted by the General Assembly of Virginia:

1. §1. That the Virginia Retirement System shall, for all Virginia Retirement System retirees who retired prior to January 1, 1994, and who selected the social security option, re-compute and increase the basic benefit which is calculated when the retiree reaches age sixty-five by the total annual cost-of-living adjustments received by the retiree under the Virginia Retirement System from the date the retiree began receiving benefits until the retiree reaches age sixty-five.

For those retirees who have already reached age sixty-five, the Virginia Retirement System shall make a lump sum payment for payments the retiree is eligible to receive as a result of this act.