Virginia Retirement System; average final compensation. (SB5119)

Introduced By

Sen. Frank Ruff (R-Clarksville)

Progress

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

Description

Virginia Retirement System; average final compensation. Directs the Virginia Retirement System to use a furloughed member's compensation in place the month prior to the declared statewide emergency that resulted in the furlough in calculating a member's average final compensation for purposes of determining retirement benefits. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
08/21/2020Presented and ordered printed 20200906D
08/21/2020Referred to Committee on Finance and Appropriations
08/27/2020Impact statement from VRS (SB5119)
09/03/2020Stricken at request of Patron in Finance and Appropriations (16-Y 0-N) (see vote tally)

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