Retirement System; average final compensation retirement multiplier for teachers. (HB484)

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, 2008. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2008Committee
01/07/2008Prefiled and ordered printed; offered 01/09/08 088105732
01/07/2008Referred to Committee on Appropriations
01/15/2008Assigned App. sub: Compensation and Retirement (Jones, S.C.)
01/21/2008Impact statement from VRS (HB484)
02/12/2008Left in Appropriations

Comments

VA A., tracking this bill in Photosynthesis, notes:

VEA Initiated