Retirement System; local retirement plans not participating in the VRS. (HB473)

Introduced By

Del. Riley Ingram (R-Hopewell)

Progress

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

Description

Virginia Retirement System; local retirement plans not participating in the Virginia Retirement System. Deletes the requirement that the Virginia Retirement System determine if the retirement plans of localities not participating in the Virginia Retirement System are fulfilling the statutory requirement of providing a service retirement allowance to each employee who retires at age 65 or older that equals or exceeds two-thirds of the service retirement allowance to which the employee would have been entitled had the allowance been computed under the provisions of the Virginia Retirement System. Read the Bill »

Status

03/31/2006: signed by governor

History

DateAction
01/09/2006Prefiled and ordered printed; offered 01/11/06 063427164
01/09/2006Referred to Committee on Appropriations
01/24/2006Fiscal impact statement from VRS (HB473)
01/27/2006Assigned App. sub: Compensation and Retirement (Putney)
01/30/2006Reported from Appropriations (21-Y 0-N)
02/01/2006Read first time
02/02/2006Read second time and engrossed
02/03/2006Read third time and passed House BLOCK VOTE (97-Y 0-N)
02/03/2006VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
02/03/2006Communicated to Senate
02/06/2006Referred to Committee on Finance
03/01/2006Reported from Finance (15-Y 0-N)
03/02/2006Constitutional reading dispensed (39-Y 0-N)
03/02/2006VOTE: (39-Y 0-N)
03/03/2006Read third time
03/03/2006Passed Senate (39-Y 0-N)
03/03/2006VOTE: (39-Y 0-N)
03/11/2006Bill text as passed House and Senate (HB473ER)
03/11/2006Enrolled
03/11/2006Signed by Speaker
03/13/2006Signed by President
03/20/2006Fiscal impact statement from VRS (HB473ER)
03/31/2006G Approved by Governor-Chapter 406 (effective 7/1/06)
04/06/2006G Acts of Assembly Chapter text (CHAP0406)