Retirement System; creating new defined contribution retirement plan. (HB128)
Introduced By
Del. Bob Purkey (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Retirement System; defined contribution retirement plan. Creates a new defined contribution retirement plan for all employees who begin employment on or after July 1, 2008, in lieu of participating in any other retirement plan administered by the Virginia Retirement System. All other employees may elect to participate in the plan in lieu of participating in any other retirement plan administered by the Virginia Retirement System. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 12/20/2007 | Committee |
| 12/20/2007 | Prefiled and ordered printed; offered 01/09/08 088349692 |
| 12/20/2007 | Referred to Committee on Appropriations |
| 01/15/2008 | Assigned App. sub: Compensation and Retirement (Jones, S.C.) |
| 01/22/2008 | Impact statement from VRS (HB128) |
| 02/12/2008 | Left in Appropriations |
Comments
VEA Opposed