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1999 SESSION
HB 2023 Volunteer Firefighters' and Rescue Squad Workers' Pension Fund.
Introduced by: S. Vance Wilkins, Jr. | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Volunteer Firefighters’ and Rescue Squad Workers’ Pension Fund. Establishes a voluntary defined contribution retirement plan for certain eligible volunteer firefighters and rescue squad workers to be administered and managed by the Volunteer Firefighters’ and Rescue Squad Workers’ Pension Fund with the assistance of the Virginia Retirement System. Members are required to pay $30 per quarter into the Fund. The Commonwealth will make additional contributions from such funds as may be appropriated.
SUMMARY AS INTRODUCED:
Volunteer Firefighters’ and Rescue Squad Workers’ Pension Fund. Establishes a voluntary defined contribution retirement plan for certain eligible volunteer firefighters and rescue squad workers to be administered and managed by the Volunteer Firefighters’ and Rescue Squad Workers’ Pension Fund with the assistance of the Virginia Retirement System. Members are required to pay $30 per quarter into the Fund, and these payments will be supplemented from general fund appropriations.