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

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
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. Read the Bill »

Status

02/08/2006: Failed to Pass in Committee

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 061654336
01/11/2006Referred to Committee on Appropriations
01/27/2006Assigned App. sub: Compensation and Retirement (Putney)
02/01/2006Fiscal impact statement from VRS (HB1369)
02/08/2006Continued to 2007 in Appropriations