VA HB2171 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Retirement System; erroneous benefits estimate; adjustment for certain members. Provides that certain members of the Virginia Retirement System who retire early, if such members relied on an erroneously high estimate of benefits in their decision to retire, shall receive payments at the estimated amount. The bill provides that the benefits adjustment would apply to any member who received an erroneous estimate on or after January 1, 2017; however, the adjustment would apply only to payments made on and after July 1, 2019.

Tracking Information

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Title

Virginia Retirement System; erroneous benefits estimate, adjustment for certain members.

Sponsors


Roll Calls

2019-01-24 - House - House: Subcommittee recommends laying on the table (7-Y 0-N) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-02-05HouseLeft in Appropriations
2019-01-24HouseSubcommittee recommends laying on the table (7-Y 0-N)
2019-01-11HouseAssigned App. sub: Compensation & Retirement
2019-01-08HouseReferred to Committee on Appropriations
2019-01-08HousePrefiled and ordered printed; offered 01/09/19 19102947D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
511124.9(n/a)See Bill Text

Virginia State Sources


Bill Comments

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