HB2070
Virginia Retirement System; service credit for career and technical education teachers.
Summary
As Introduced. Virginia Retirement System; service credit for career and technical education teachers.
Provides that a member of the Virginia Retirement System shall be eligible for additional years of service credit for service earned as a teacher in the field of career and technical education. The amount of service credit earned shall be as follows: (i) for service earned as a member who ... (More) is more than 45 years old but less than 55 years old at the time of such service, such service shall be multiplied by the weighted years of service factor of 2.0 and (ii) for service earned as a member who is more than 55 years old at the time of such service, such service shall be multiplied by the weighted years of service factor of 2.5. (Less)-
Bill History
- 01/07/2025 - House: Prefiled and ordered printed; Offered 01-13-2025 25101812D
- 01/07/2025 - House: Referred to Committee on Appropriations
- 01/14/2025 - House: Assigned Approps sub: Compensation and Retirement
- 01/17/2025 - House: Fiscal Impact Statement from Virginia Retirement System (HB2070)
- 01/19/2025 - House: Placed on Appropriations Agenda
- 01/20/2025 - House: Subcommittee recommends laying on the table (5-Y 3-N)
- 02/04/2025 - House: Left in Appropriations
