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2007 SESSION
HB 2095 Retirement System; additional information to localities and authorized to assess fees.
Introduced by: Robert Tata | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED HOUSE:
Virginia Retirement System; information to localities. Directs the Virginia Retirement System to provide each participating locality the locality-specific data as may be necessary for each locality to determine the specific assumptions that are driving its VRS-related costs, and to understand the retirement costs of different classes of covered employees. Localities may be charged a fee by VRS for the cost of providing such information.
SUMMARY AS INTRODUCED:
Virginia Retirement System; information to localities. Directs the Virginia Retirement System to provide each participating locality the locality-specific data as may be necessary for each locality to determine the specific assumptions that are driving its VRS-related costs, and to understand the retirement costs of different classes of covered employees.