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2012 SESSION
SB 171 Virginia Retirement System; benefits for firefighter, emergency medical technician, etc.
Introduced by: J. Chapman Petersen | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Virginia Retirement System; certain local employees. Permits localities to exempt firefighters, emergency medical technicians, and law-enforcement officers from the higher age and service requirements for normal and early retirement applicable to employees hired on or after July 1, 2010.
SUMMARY AS INTRODUCED:
Virginia Retirement System; benefits for local law-enforcement, correctional, and emergency response employees in certain localities. Permits any locality that is exempt from providing all of the special statutory retirement benefits to local law-enforcement, correctional, and emergency response employees because the locality's annual retirement allowance for such employees exceeds the statutory amount to provide all of the other statutory benefits except the statutory annual retirement allowance (i) to all employees eligible for such benefits or (ii) only to eligible employees hired on or after July 1, 2010. The additional costs of providing the benefits would be borne by the locality making the election.