VA SB619 | 2008 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-01-29 - Senate: Continued to 2009 in Finance (16-Y 0-N)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-01-29 - Senate: Continued to 2009 in Finance (16-Y 0-N)
Summary
Virginia Retirement System; average final compensation retirement multiplier. Allows members of the Virginia Retirement System to make member contributions for purposes of increasing the average final compensation retirement multiplier from 1.7 percent to 1.85 percent. Members would be required to pay the actuarial equivalent cost for such increase. All such contributions would be treated as additional employee contributions.
Title
Retirement System; average final compensation retirement multiplier.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2008-01-29 | Senate: Continued to 2009 in Finance (16-Y 0-N) | |
2008-01-09 | Senate: Referred to Committee on Finance | |
2008-01-09 | Senate: Prefiled and ordered printed; offered 01/09/08 080578328 |
Subjects
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB619 |