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2023 SESSION
SB 1369 Judicial Retirement System; increased retirement allowance for judges, assistant attorneys.
Introduced by: Jill Holtzman Vogel | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Retirement System; Judicial Retirement System; increased retirement allowance for judges, assistant attorneys for the Commonwealth, and public defenders. Increases, for the purposes of determining benefits provided under the hybrid retirement program, the retirement multiplier from one percent to 1.7 percent for assistant attorneys for the Commonwealth and public defenders appointed on or after July 1, 2023, who are participants in the hybrid retirement program. The bill also increases, for the purposes of determining benefits provided under the Judicial Retirement System, the retirement multiplier from one percent to 1.7 percent for judges appointed on or after July 1, 2023, who are participants in the hybrid retirement program and who are at least 55 years of age at the time of appointment.
FULL TEXT
- 01/11/23 Senate: Prefiled and ordered printed; offered 01/11/23 23101144D pdf | impact statement
- 01/25/23 Senate: Committee substitute printed 23105382D-S1 pdf | impact statement
AMENDMENTS
HISTORY
- 01/11/23 Senate: Prefiled and ordered printed; offered 01/11/23 23101144D
- 01/11/23 Senate: Referred to Committee on Finance and Appropriations
- 01/25/23 Senate: Committee substitute printed 23105382D-S1
- 01/25/23 Senate: Reported from Finance and Appropriations with substitute (16-Y 0-N)
- 01/26/23 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/27/23 Senate: Motion to recommit to committee agreed to
- 01/27/23 Senate: Recommitted to Finance and Appropriations
- 02/08/23 Senate: Left in Finance and Appropriations