Optional retirement plan; annual contribution for employees of higher educ. to be same as VRS member (SB976)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

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

Description

Optional retirement plan; institutions of higher education. Provides that the annual contribution to optional retirement plans covering certain employees at institutions of higher education would not be less than the percentage contribution rate in effect that is generally applicable for state employees who are members of the Virginia Retirement System, including the five percent member contribution rate. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2007Prefiled and ordered printed; offered 01/10/07 074612728
01/09/2007Referred to Committee on Finance
01/19/2007Impact statement from VRS (SB976)
01/20/2007Impact statement from VRS (SB976)
01/23/2007Passed by indefinitely in Finance (15-Y 0-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: HB1973.