Retirement System; creates new defined contribution plan for employees who enter on/after 7/1/07. (HB2956)
Introduced By
Del. Rob Bell (R-Charlottesville)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Retirement System; defined contribution plan. Creates a new defined contribution plan for all employees who enter on or after July 1, 2007, into any position covered by any retirement plan administered by the Virginia Retirement System. The employee has 90 days after entering into such a position to elect to participate in the defined contribution plan or the retirement plan for which he is otherwise eligible. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/10/2007 | Committee |
01/10/2007 | Prefiled and ordered printed; offered 01/10/07 073270232 |
01/10/2007 | Referred to Committee on Appropriations |
01/16/2007 | Assigned App. sub: Compensation and Retirement (Putney) |
01/19/2007 | Impact statement from VRS (HB2956) |