Judicial Retirement System; increased retirement allowance for judges, assistant attorneys. (SB1369)

Introduced By

Sen. Jill Holtzman Vogel (R-Winchester)

Progress

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

Description

Virginia Retirement System; Judicial Retirement System; increased retirement allowance for judges, assistant attorneys for the Commonwealth, and public defenders. Increases, for the purposes of determining benefits provided under the hybrid retirement program, the retirement multiplier from one percent to 1.7 percent for assistant attorneys for the Commonwealth and public defenders appointed on or after July 1, 2023, who are participants in the hybrid retirement program. The bill also increases, for the purposes of determining benefits provided under the Judicial Retirement System, the retirement multiplier from one percent to 1.7 percent for judges appointed on or after July 1, 2023, who are participants in the hybrid retirement program and who are at least 55 years of age at the time of appointment. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2023Prefiled and ordered printed; offered 01/11/23 23101144D
01/11/2023Referred to Committee on Finance and Appropriations
01/20/2023Impact statement from VRS (SB1369)
01/25/2023Senate committee, floor amendments and substitutes offered
01/25/2023Committee substitute printed 23105382D-S1
01/25/2023Reported from Finance and Appropriations with substitute (16-Y 0-N) (see vote tally)
01/26/2023Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/27/2023Motion to recommit to committee agreed to
01/27/2023Recommitted to Finance and Appropriations
01/31/2023Impact statement from VRS (SB1369S1)
02/08/2023Left in Finance and Appropriations