SB975: Retirement System; allows certain employees to transfer to VRS.

Chief Patron

John Edwards (D-21)
Served: 1996–

Progress

☑	Introduced
☐	Passed Committee
☐	Passed House
☑	Passed Senate
☐	Signed by Governor
☐	Became Law

Status

Bill is Dead
View Entire History

Summary

Retirement; teachers and administrative faculty of institutions of higher education. Provides that teachers and administrative faculty of institutions of higher education who are covered under an optional retirement plan (in lieu of the Virginia Retirement System) and have 10 years of service with the Commonwealth may make a one-time, irrevocable election to transfer into VRS.

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