Monday, October 13, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
HB1369: Local retirement systems; prohibits allowing any employee to earn more than 1 yr. of service credit.
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding a section numbered 51.1-801.01 as follows:
§ 51.1-801.01. Creditable service.
No retirement system under this chapter that calculates retirement benefits in whole or in part based on creditable service shall allow more than one year of service credit for all service rendered in any period of 12 consecutive months.
Additional Data
Explanation
This is the actual text of the bill — the legislation itself. Generally this is amending existing law, proposing the addition or removal of words from laws that are already on the books.
Words that are highlighted in yellow are
proposed additions, and words that are crossed out in
red are proposed removals.
The numbers with the § symbol before them are references to existing laws, and if you click on them they’ll take you to that part of the law on the state's website.