VRS; certain higher educational institution employees in optional retirement plan. (HB486)
Introduced By
Del. Onzlee Ware (D-Roanoke) with support from co-patron Del. Kaye Kory (D-Falls Church)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Retirement System; certain employees in the optional retirement plan for institutions of higher education. Provides employees in the optional retirement plan for institutions of higher education the opportunity to purchase service credit in the defined benefit plan with accrued contributions and earnings, and thereafter be covered under the defined benefit plan. Amends § 51.1-126, of the Code of Virginia. View Full Text »
Outcome
History
- 01/10/2012 Prefiled and ordered printed; offered 01/11/12 12102886D
- 01/10/2012 Referred to Committee on Appropriations
- 01/16/2012 Assigned App. sub: Compensation and Retirement
- 01/20/2012 Impact statement from VRS (HB486)
- 02/09/2012 Subcommittee recommends continuing to 2013
- 02/10/2012 Committee amendments
- 02/10/2012 Continued to 2013 with amendment(s) in Appropriations
- 11/29/2012 Left in Appropriations
In the News
Higher Ed Advocates Focus on Retirement Benefits
January 13, 2013
While higher education issues seem hidden behind state gun control and uranium mining discussions at the Capitol so far, professors from VCU and other schools are urging legislators to improve retirement benefits for public university and college employees.
Post a Public Comment About this Bill