Wednesday, July 23, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
HB369: Retirement System; changes in benefits for state employees, state & local law-enforcement officers.
Chief Patron
Del.
Bill Carrico (R-5)
Bill Carrico
(R-5)
Independence, VA
Served: 2002–
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 |
Status
Bill is Dead
Summary
Retirement; state employees, state police and law-enforcement officers, and certain local law-enforcement officers. Modifies the retirement benefits of non-law-enforcement state employees by increasing from 1.7 percent to 2.0 percent the percentage of average final compensation multiplied by the years of creditable service and modifies the retirement benefits of state police and law-enforcement officers and certain local law-enforcement officers by (i) increasing from 1.7 percent to 2.7 percent the percentage of average final compensation multiplied by the years of creditable service in such positions, and by deleting the supplemental allowance currently paid to members upon retirement until their Social Security retirement age, and (ii) deleting the minimum age requirement for members with 25 or more years of service. View Full Text »
Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
