Retirement System; state police and state and local law-enforcement officers. (SB508)

Introduced By

Sen. Phil Puckett (D-Tazewell)

Progress

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

Description

Retirement; state police and state and local law-enforcement officers. Modifies the retirement benefits of state police and certain state and local law-enforcement officers by increasing from 1.7% to 2.5% the percentage of average final compensation multiplied by the years of creditable service in such positions, and by deleting the supplemental allowance currently paid to members upon retirement. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2006Prefiled and ordered printed; offered 01/11/06 069140792
01/11/2006Referred to Committee on Finance
01/26/2006Fiscal impact statement from VRS (SB508)
02/14/2006Left in Finance (15-Y 0-N)