Retirement System; creates new defined contribution plan for employees covered thereby. (HB1331)
Introduced By
Del. Rob Bell (R-Charlottesville) with support from 7 copatrons, whose average partisan position is:
Those copatrons are Del. Clay Athey (R-Front Royal), Del. Chris Jones (R-Suffolk), Del. Terry Kilgore (R-Gate City), Del. Steve Landes (R-Weyers Cave), Del. Scott Lingamfelter (R-Woodbridge), Del. John Welch (R-Virginia Beach), Del. Tommy Wright (R-Victoria)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Retirement System; defined contribution plan. Creates a new defined contribution plan for all employees who enter on or after July 1, 2006, into any position covered by any retirement plan administered by the Virginia Retirement System. The employee has 90 days after entering into such a position to elect to participate in the defined contribution plan or the retirement plan for which he is otherwise eligible. Read the Bill »
Outcome
History
| Date | Action |
|---|---|
| 01/11/2006 | Prefiled and ordered printed; offered 01/11/06 061271232 |
| 01/11/2006 | Referred to Committee on Appropriations |
| 01/27/2006 | Assigned App. sub: Compensation and Retirement (Putney) |
| 01/29/2006 | Fiscal impact statement from VRS (HB1331) |
| 02/15/2006 | Left in Appropriations |