SB396
Virginia Retirement System; service retirement allowance for certain judges.
Summary
As Passed House of Origin. Virginia Retirement System; increased retirement allowance for certain judges.
Provides that judges appointed or elected to an initial term on or after July 1, 2024, and who are at least age 55 at the time of appointment will be placed in Plan 1 with service weighted at 3.5.-
Bill History
- 01/09/2024 - Senate: Prefiled and ordered printed; offered 01/10/24 24101700D
- 01/09/2024 - Senate: Referred to Committee on Finance and Appropriations
- 01/25/2024 - Senate: Impact statement from VRS (SB396)
- 02/06/2024 - Senate: Senate subcommittee amendments and substitutes offered
- 02/06/2024 - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N)
- 02/06/2024 - Senate: Committee substitute printed 24107232D-S1
- 02/07/2024 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/08/2024 - Senate: Read second time
- 02/08/2024 - Senate: Reading of substitute waived
- 02/08/2024 - Senate: Committee substitute agreed to 24107232D-S1
- 02/08/2024 - Senate: Engrossed by Senate - committee substitute SB396S1
- 02/08/2024 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/08/2024 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/14/2024 - House: Placed on Calendar
- 02/14/2024 - House: Read first time
- 02/14/2024 - House: Referred to Committee on Appropriations
- 02/14/2024 - Senate: Impact statement from VRS (SB396S1)
- 02/21/2024 - House: Continued to 2025 in Appropriations
