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2004 SESSION

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HB 201 Retirement System; benefit payment to successor of decedent by affidavit.

Introduced by: Robert Tata | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Retirement System benefits; payment to successor of decedent by affidavit. Permits benefits to be paid to a person claiming to be the successor of a deceased member upon his filing an affidavit certifying, among other things, that the value of the entire personal probate estate does not exceed the maximum value of such estate allowed to be processed by affidavit under the Virginia Small Estate Act (currently $15,000). Under current law Virginia Retirement Benefits cannot be paid under such conditions if the value of the entire personal probate estate exceeds $10,000.


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