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1998 SESSION

• | print version

HB 722 Volunteer Pension Fund; created.

Introduced by: Barnie K. Day | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia Volunteer Pension Fund. Creates the Virginia Volunteer Pension Fund under the Department of Treasury to provide retirement benefits for volunteer firefighters and rescue squad workers. Firefighters and rescue squad workers who wish to participate shall contribute $10 monthly to the Fund, and those contributions will be matched by general appropriations. A six-member Board chaired by the State Treasurer shall administer the Fund. Two members of the Board must be volunteers. Pensions from the Fund are drawn in addition to any other pension to which the member is entitled.

FULL TEXT

• 01/23/98  House: Presented & ordered printed 988831199  pdf

HISTORY

• 01/23/98  House: Presented & ordered printed 988831199
• 01/23/98  House: Referred to Committee on Appropriations
• 02/17/98  House: No action taken by Appropriations by voice vote