Health insurance credits; teachers and other local school board employees. (SB398)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)

Progress

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

Description

Health insurance credits; teachers and other local school board employees. Increases the monthly health insurance credit for retired teachers from $2.50 to $4.00 for each full year of the retired member's creditable service. The bill also eliminates an overall cap to the credit, and adds retired full-time, salaried employees of local school boards as recipients of the credit. The bill is applicable for current and future retirees from positions as teachers or full-time, salaried employees of local school boards. Retired local government employees, other than teachers and employees of local school boards, with at least 15 years of creditable service shall continue to receive a monthly health insurance credit equal to $1.50 for each full year of the retired member's creditable service. Amends § 51.1-1400, § 51.1-1401, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 063609732
01/11/2006Referred to Committee on Finance
01/24/2006Fiscal impact statement from VRS (SB398)
02/14/2006Left in Finance (15-Y 0-N)