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2003 SESSION
HB 1674 Virginia Retirement System; purchase of prior service credit.
Introduced by: J. Chapman Petersen | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Retirement System; purchase of prior service credit. Permits any member to purchase up to 4 years of prior service credit, at the rate of 5 percent of creditable compensation, for any period of time when the member was employed by a nonprofit entity that was exempt from taxation under § 501 (c) (3) of the Internal Revenue Code.
FULL TEXT
HISTORY
- 01/08/03 House: Presented & ordered printed, prefiled 01/03/03 035865882
- 01/08/03 House: Referred to Committee on Appropriations
- 01/27/03 House: Tabled in Appropriations (23-Y 1-N)