Virginia Retirement System; creditable service for General Assembly members. (HB1480)

Introduced By

Del. Nick Rush (R-Christiansburg)

Progress

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

Description

Virginia Retirement System; creditable service. Provides that each year of service in the General Assembly shall be deemed to equal eight months of creditable service under the Virginia Retirement System for (i) anyone who becomes a member of the General Assembly on or after July 1, 2015, and (ii) each member and former member of the General Assembly who has less than five years of creditable service as of July 1, 2015. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/04/2015Committee
01/04/2015Prefiled and ordered printed; offered 01/14/15 15101986D
01/04/2015Referred to Committee for Courts of Justice
01/13/2015Assigned Courts sub: Ethics
01/19/2015Impact statement from VRS (HB1480)
02/04/2015Subcommittee recommends laying on the table
02/10/2015Left in Courts of Justice

Comments

Wiley Kayote writes:

How dare the General Assembly draft another benefit in conflict with the people's business. VRS is the highest paid public employee, who regulates placement of the public's servants retirement?
http://www.richmond.com/news/virginia/article_1a621fe4-411c-11e4-9df6-0017a43b2370.html