Retirement System; allows certain employees to transfer to VRS. (SB975)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

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

Description

Retirement; teachers and administrative faculty of institutions of higher education. Provides that teachers and administrative faculty of institutions of higher education who are covered under an optional retirement plan (in lieu of the Virginia Retirement System) and have 10 years of service with the Commonwealth may make a one-time, irrevocable election to transfer into VRS. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2007Prefiled and ordered printed; offered 01/10/07 074610728
01/09/2007Referred to Committee on Finance
01/19/2007Impact statement from VRS (SB975)
01/24/2007Constitutional reading dispensed (40-Y 0-N)
01/25/2007Read second time and engrossed
01/26/2007Read third time and passed Senate (38-Y 0-N)
01/26/2007VOTE: (38-Y 0-N) (see vote tally)
01/26/2007Communicated to House
02/06/2007Placed on Calendar
02/06/2007Read first time
02/06/2007Referred to Committee on Appropriations
02/09/2007Assigned App. sub: Compensation and Retirement (Putney)

Duplicate Bills

The following bills are identical to this one: HB1972.