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1999 SESSION

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HB 1542 Retirement System; normal retirement (50/30).

Introduced by: James M. Shuler | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Virginia Retirement System; retirement options. Allows state employees, teachers, and employees of political subdivisions that do not elect to be exempt, to retire from service with unreduced benefits when they reach 50 years of age and have 30 years of service credits. Currently, VRS members with 30 years of service credit must be at least age 55 to retire with unreduced benefits.

FULL TEXT

• 01/13/99  House: Presented & ordered printed, prefiled 01/10/99 992629450  pdf
• 02/04/99  House: Committee substitute printed 992693450-H1  pdf
• 02/10/99  Senate: Committee substitute printed 999616450-S1  pdf
• 02/24/99  House: Bill text as passed House and Senate (HB1542ER)  pdf
• 04/05/99  Governor: Acts of Assembly Chapter text (CHAP0591)  pdf

HISTORY

• 01/13/99  House: Presented & ordered printed, prefiled 01/10/99 992629450
• 01/13/99  House: Referred to Committee on Appropriations
• 02/02/99  House: Assigned to App. sub-committee: Compensation/Retirement
• 02/04/99  House: Committee substitute printed 992693450-H1
• 02/04/99  House: Reported from Appropriations with sub. (30-Y 0-N)
• 02/05/99  House: Read first time
• 02/06/99  House: Read second time
• 02/06/99  House: Committee substitute agreed to 992693450-H1
• 02/06/99  House: Engrossed by House - com. sub. 992693450-H1
• 02/07/99  House: Read third time and passed House (Block Vote) (100-Y 0-N)
• 02/07/99  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/07/99  House: Communicated to Senate
• 02/08/99  Senate: Constitutional reading dispensed
• 02/08/99  Senate: Referred to Committee on Finance
• 02/10/99  Senate: Reported from Finance with substitute (16-Y 0-N)
• 02/10/99  Senate: Committee substitute printed 999616450-S1
• 02/11/99  Senate: Constitutional reading dispensed (39-Y 0-N)
• 02/11/99  Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
• 02/12/99  Senate: Read third time
• 02/12/99  Senate: Reading of substitute waived
• 02/12/99  Senate: Committee substitute agreed to 999616450-S1
• 02/12/99  Senate: Engrossed by Senate - comm. sub. 999616450-S1
• 02/12/99  Senate: Passed Senate with substitute (40-Y 0-N)
• 02/12/99  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 02/15/99  House: Placed on Calendar
• 02/16/99  House: Senate substitute agreed to by House (97-Y 0-N)
• 02/16/99  House: VOTE: ADOPTION (97-Y 0-N)
• 02/24/99  House: Bill text as passed House and Senate (HB1542ER)
• 02/26/99  House: Enrolled
• 02/26/99  House: Signed by Speaker
• 02/26/99  Senate: Signed by President
• 03/27/99  Governor: Approved by Governor-Chapter 591 (effective 7/1/99)
• 04/05/99  Governor: Acts of Assembly Chapter text (CHAP0591)