Retirement System; increases average final compensation retirement multiplier for teachers. (HB1637)
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, 2007. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
11/14/2006 | Committee |
11/14/2006 | Prefiled and ordered printed; offered 01/10/07 071904508 |
11/14/2006 | Referred to Committee on Appropriations |
01/10/2007 | Assigned App. sub: Compensation and Retirement (Putney) |
01/17/2007 | Impact statement from VRS (HB1637) |