Bill Text: VA HB318 | 2012 | Regular Session | Prefiled

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Bill Title: Virginia Retirement System; exception for early retirement for general registrars.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-02-20 - House: Left in Appropriations [HB318 Detail]

Download: Virginia-2012-HB318-Prefiled.html

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12103727D
HOUSE BILL NO. 318 Offered January 11, 2012 Prefiled January 10, 2012 A BILL to amend and reenact §51.1-155.2 of the Code of Virginia, relating to Virginia Retirement System; general registrars. ---------- Patron-- Ingram ---------- Referred to Committee on Appropriations ----------

Be it enacted by the General Assembly of Virginia:

1.  That §51.1-155.2 of the Code of Virginia is amended and reenacted as follows:

§51.1-155.2. Exceptions from general early retirement provisions for certain local government officials.

A. Members of the retirement system who (i) are appointed county administrator pursuant to §15.2-406 or 15.2-1540, urban county executive pursuant to §15.2-804, county executive pursuant to §15.2-509, county manager pursuant to §15.2-609 or 15.2-702, county administrator or city or town manager pursuant to Chapter 15 (§15.2-1500 et seq.) of Title 15.2, or county, city, or town attorney pursuant to §15.2-1542, or general registrar pursuant to §24.2-109; (ii) are involuntarily separated from service; and (iii) have 20 or more years of creditable service at the date of separation may retire without the reduction in retirement allowance required by subdivisions A 2 and A 3 of §51.1-155 upon attaining age 60 if the member is a person who becomes a member on or after July 1, 2010, and upon attaining age 50 for any other member.

B. For the purposes of this section, "involuntary separation" means any dismissal, requested resignation, or failure to obtain reappointment, except in case of a conviction for a felony or crime involving moral turpitude or dishonesty.

C. The cost of this provision shall be borne by the locality.