Retirement System; retirement supplement. (HB562)

Introduced By

Progress

√	Introduced
√	Passed Committee
√	Passed House
√	Passed Senate
√	Signed by Governor
√	Became Law

Description

Virginia Retirement System; retirement supplement ("COLA"). Clarifies (i) that the allowance supplement that is indexed to inflation will not reduce the allowance when there is deflation, and (ii) corrects how COLA adjustments should be calculated following a period of deflation. The bill also makes some technical changes. View Full Text »

Outcome

Bill Has Passed

View Bill's History

Poll Results

3 votes

Bill Text

Related Bills

HB610
Introduced: January 12, 2010
Status: Failed to Pass in Committee
: Retirement System; defined contribution retirement plan for eligible members.
SR10
Introduced: January 27, 2010
Status: Passed the Senate
: Investment portfolio managed by Retirement System; Senate Committee on Finance to study.
HB608
Introduced: January 12, 2010
Status: Failed to Pass in Committee
: Contributions from certain attorneys; penalty.
HB511
Introduced: January 12, 2010
Status: Failed to Pass in Committee
: Retirement System; modifies retirement plans.
HB1339
Introduced: January 22, 2010
Status: Failed to Pass in Committee
: Retirement System; retired teachers returning to work.

Subscribe

Keep track of the status of this bill as it moves through the General Assembly—subscribe via RSS.