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14 chapters · 305 sections in this title.
Va. Code Ann. § 51.1-1300 Definitions
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As used in this chapter, unless the context requires a different meaning: "Board" means the Board of Trustees of the Virginia Retirement System. "Member" means any member whose benefits under the Virginia Retirement System (§ 51.1-124.1 et seq.), the State Police Officers' Retire…
Va. Code Ann. § 51.1-1301 Benefit restoration plan for employees; administration by the Board
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A. The Board shall establish and administer a benefit restoration plan for members. Such plan shall meet the requirements to be treated as a plan established under § 415(m) of the Internal Revenue Code. The Virginia Retirement System Director shall be the chief administrative off…
Va. Code Ann. § 51.1-1302 Local benefit restoration plans
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The governing body of any county, municipality, authority or other political subdivision of the Commonwealth that does not participate in the retirement system or that maintains a plan that provides supplemental benefits to employees covered by the retirement system may, by ordin…
Va. Code Ann. § 51.1-1303 Standards for benefit restoration plans
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No benefit restoration plan shall become effective until the Board, county, municipality or political subdivision of the Commonwealth is satisfied by opinion of its respective counsel, such federal agency or agencies as may be deemed necessary, or otherwise, that the benefits pay…