Tracking Virginia’s General Assembly
since 2007.
HB89: Retirement System; increases benefits of certain future retirees.
Chief Patron
Del.
Vince Callahan (R-34)
Vince Callahan
(R-34)
McLean, VA
Served: 1968–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Virginia Retirement System; benefits. Increases monthly retirement benefits of certain future retirees by increasing the percentage of average final compensation multiplied by the amount of creditable service from 1.7 to 2.0 for years of service in excess of 25 years for most state employees, and from 2.0 to 2.3 for certain state law-enforcement officers. View Full Text »

