Tracking Virginia’s General Assembly
since 2007.
HB2956: Retirement System; creates new defined contribution plan for employees who enter on/after 7/1/07.
Chief Patron
Del.
Rob Bell (R-58)
Rob Bell
(R-58)
Charlottesville, VA
Served: 2002–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Virginia Retirement System; defined contribution plan. Creates a new defined contribution plan for all employees who enter on or after July 1, 2007, into any position covered by any retirement plan administered by the Virginia Retirement System. The employee has 90 days after entering into such a position to elect to participate in the defined contribution plan or the retirement plan for which he is otherwise eligible.
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