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2011 SESSION

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HB 2465 Virginia Retirement System; defined contribution retirement program for state and local employees.

Introduced by: S. Chris Jones | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Retirement System; defined contribution retirement program for state and local employees.  Creates a defined contribution retirement program for state and local employees hired on or after January 1, 2012, in place of the current defined benefit plan. Employees hired prior to January 1, 2012, may elect to become members of the defined contribution plan in lieu of the current defined benefit plan.

FULL TEXT

• 01/20/11  House: Presented and ordered printed 11103867D  pdf | impact statement

HISTORY

• 01/20/11  House: Presented and ordered printed 11103867D
• 01/20/11  House: Referred to Committee on Appropriations
• 01/24/11  House: Assigned App. sub: Compensation and Retirement
• 02/01/11  House: Subcommittee recommends no action by voice vote
• 02/02/11  House: Subcommittee recommends incorporating (HB2410-Putney) by voice vote
• 02/02/11  House: Incorporated by Appropriations (HB2410-Putney) by voice vote