Retirement System; defined contribution retirement plan for eligible members. (HB610)

Introduced By

Del. Bob Purkey (R-Virginia Beach)

Progress

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

Description

Virginia Retirement System; defined contribution retirement plan.  Creates a new defined contribution retirement plan for all employees who begin employment on or after July 1, 2010, in lieu of participating in any other retirement plan administered by the Virginia Retirement System. All other employees may elect to participate in the plan in lieu of participating in any other retirement plan administered by the Virginia Retirement System.   View Full Text »

Outcome

Bill Has Failed
View Bill's History