Virginia Retirement System; increased retirement allowance for certain judges. (SB382)
Introduced By
Sen. Ryan McDougle (R-Mechanicsville)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Retirement System; increased retirement allowance for certain judges. Increases, for the purposes of determining benefits provided under the Judicial Retirement System, the retirement multiplier from 1 percent to 1.7 percent. The increase would apply only to judges appointed on or after July 1, 2022, who are participants in the hybrid retirement program, and who are at least age 55 at the time of appointment. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/11/2022 | Prefiled and ordered printed; offered 01/12/22 22101368D |
| 01/11/2022 | Referred to Committee on Finance and Appropriations |
| 01/24/2022 | Impact statement from VRS (SB382) |
| 02/01/2022 | Continued to 2023 in Finance and Appropriations (16-Y 0-N) (see vote tally) |
| 11/21/2022 | Left in Finance and Appropriations |