Retirement System; average final compensation retirement multiplier for teachers. (HB736)
Introduced By
Del. Chuck Caputo (D-Oak Hill)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Retirement System; average final compensation retirement multiplier for teachers. Increases from 1.7 to 2.0 the average final compensation retirement multiplier for teachers with five or more years of creditable service earned as a teacher. The bill applies to current and future retirees. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/08/2008 | Committee |
01/08/2008 | Prefiled and ordered printed; offered 01/09/08 088004456 |
01/08/2008 | Referred to Committee on Appropriations |
01/15/2008 | Assigned App. sub: Compensation and Retirement (Jones, S.C.) |
01/21/2008 | Impact statement from VRS (HB736) |
02/12/2008 | Left in Appropriations |
Comments
Virginia is among states that has the lowest support of its retired employees.
VEA Initiated