Retirement System; service retirement benefit allowance for teachers. (HB4)
Introduced By
Del. Jim Shuler (D-Blacksburg)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Retirement System; average final compensation retirement multiplier for teachers. Increases from 1.7 to 2.0 the average final compensation retirement multiplier for teachers with 10 or more years of creditable service earned as a teacher. The bill applies to teachers first retiring on or after July 1, 2006. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
11/21/2005 | Prefiled and ordered printed; offered 01/11/06 065108508 |
11/21/2005 | Referred to Committee on Appropriations |
01/23/2006 | Fiscal impact statement from VRS (HB4) |
01/27/2006 | Assigned App. sub: Compensation and Retirement (Putney) |
02/15/2006 | Left in Appropriations |