Local retirement systems; prohibits allowing any employee to earn more than 1 yr. of service credit. (HB1369)
Introduced By
Del. Bob Hull (D-Falls Church)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Local retirement systems; creditable service. Prohibits any local retirement system that is not under the Virginia Retirement System to allow any employee to earn more than one year of service credit for all service rendered in any period of 12 consecutive months. All retirement plans administered by the Virginia Retirement System are under the same prohibition under current law. View Full Text »
Status
01/27/2006: Awaiting a Vote in the Appropriations Committee
View Bill's History
