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2007 Session

Budget Amendments - HB1650 (Committee Approved)

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Retirement Benefits-Capitol Police (language only)

Item 4-6.03 #1h

Item 4-6.03 #1h

Positions and Employment
Employee Benefits

Language
Page 656, line 18, after "g.", insert "1."
Page 656, after line 20, insert:
"2.  Any person appointed to the position of Chief of the Capitol Police who is a vested member of the State Police Officers Retirement System (SPORS) created under Title 51.1, Chapter 2, shall have 30 days from passage of this act to make an irrevocable election to be covered by the benefits provided pursuant to § 51.1-200 thru § 51.1-210, Code of Virginia."


Explanation
(This amendment gives an individual who is vested in SPORS and is than appointed to the position of Chief of the Capitol Police, the option of transferring into the VaLORS retirement program or retaining coverage under the provisions of SPORS.)