SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2012 SESSION
SB 497 Virginia Retirement System; local government and school board employees, contributions.
Introduced by: John C. Watkins | all patrons ... notes | add to my profiles | history
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:
Virginia Retirement System employee contributions; local employees; school board employees. Requires that persons employed by local government or school board employers be required to pay the five percent employee contribution to the Virginia Retirement System. Employers would be authorized to phase in the five percent contribution over a maximum of five years, and would be required to provide employees with a raise to offset the employee contributions.
SUMMARY AS PASSED SENATE:
Virginia Retirement System employee contributions; local employees; school board employees. Requires that persons employed by local government or school board employers be required to pay the five percent employee contribution to the Virginia Retirement System. School board employees would be authorized to phase in the five percent contribution over a maximum of five years. Local employers and school boards would be required to provide employees with a raise to offset the employee contributions.
SUMMARY AS INTRODUCED:
Virginia Retirement System employee contributions; local employees; school board employees. Requires that persons employed by local government or school board employers be required to pay the five percent employee contribution to the Virginia Retirement System. School board employees would be authorized to phase in the five percent contribution over a maximum of five years.