Virginia Sickness and Disability Program; open-enrollment period. (SB1305)

Introduced By

Sen. Frank Ruff (R-Clarksville)

Progress

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

Description

Virginia Sickness and Disability Program; open-enrollment period.  Opens enrollment into the Virginia Sickness and Disability Program between October 1, 2011, and January 1, 2012, for eligible employees not currently participating in the program. Any employee electing to participate in the program would convert his sick leave balances to (i) additional retirement service credit on the basis of one month of service for each 173 hours of sick leave or (ii) disability credits on the basis of one hour of disability credit for each hour of sick leave. Disability credits would be used to continue periods for which the employee would receive income replacement at 100 percent of creditable compensation for a disability. An election to participate in the program must be in writing and is irrevocable. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2011Prefiled and ordered printed; offered 01/12/11 11101671D
01/12/2011Referred to Committee on Finance
01/27/2011Impact statement from VRS (SB1305)
02/08/2011Left in Finance