HB556
Judicial Retirement System; amount of retirement allowance.
Summary
As Introduced. Judicial Retirement System; amount of retirement allowance.
Provides that the annual retirement allowance of a person who retires under the Judicial Retirement System shall not exceed 78 percent of the person's average final compensation, unless such person prior to becoming a judge performs five or more years of creditable service under another retirement plan administered by VRS. ... (More) However, in no case shall such person's annual retirement allowance exceed 100 percent of his average final compensation. (Less)-
Bill History
- 01/06/2020 - House: Prefiled and ordered printed; offered 01/08/20 20104548D
- 01/06/2020 - House: Referred to Committee on Appropriations
- 01/12/2020 - House: Impact statement from VRS (HB556)
- 01/14/2020 - House: Assigned App. sub: Compensation & General Government
- 01/28/2020 - House: Subcommittee recommends laying on the table (6-Y 0-N)
- 02/11/2020 - House: Left in Appropriations