Local employees; retirement benefits. (HB182)

Introduced By

Del. Peter Farrell (R-Henrico)

Progress

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

Description

Retirement benefits for local employees. Provides that any locality may establish and maintain a defined contribution retirement plan for its employees in lieu of any other retirement plans for employees hired on or after July 1, 2014. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/23/2013Committee
12/23/2013Prefiled and ordered printed; offered 01/08/14 14101205D
12/23/2013Referred to Committee on Appropriations
01/10/2014Assigned App. sub: Compensation and Retirement
01/10/2014Impact statement from VRS (HB182)
01/30/2014Subcommittee recommends laying on the table
02/12/2014Left in Appropriations