VRS; certain higher educational institution employees in optional retirement plan. (HB486)

Introduced By

Del. Onzlee Ware (D-Roanoke) with support from co-patron Del. Kaye Kory (D-Falls Church)

Progress

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

Description

Virginia Retirement System; certain employees in the optional retirement plan for institutions of higher education.  Provides employees in the optional retirement plan for institutions of higher education the opportunity to purchase service credit in the defined benefit plan with accrued contributions and earnings, and thereafter be covered under the defined benefit plan. Amends § 51.1-126, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2012Prefiled and ordered printed; offered 01/11/12 12102886D
01/10/2012Referred to Committee on Appropriations
01/16/2012Assigned App. sub: Compensation and Retirement
01/20/2012Impact statement from VRS (HB486)
02/09/2012Subcommittee recommends continuing to 2013
02/10/2012Committee amendments
02/10/2012Continued to 2013 with amendment(s) in Appropriations
11/29/2012Left in Appropriations