Virginia SB113 modifies retirement allowances for certain public safety and school employees.
Virginia SB113 revises the Virginia Retirement System to allow specific public safety and school employees to continue receiving their retirement allowance while working in certain roles. This includes law enforcement officers, school security officers, fingerprint examiners, and others. The bill outlines conditions for maintaining retirement benefits, including a break in service requirement and restrictions on certain employment positions. It also specifies that returning to work does not affect retirement benefits and sets conditions for early retirement eligibility.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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