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18 chapters · 305 sections in this title.
Va. Code Ann. § 51.1-607 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. "Cash match plan" means a plan established pursuant to the provisions of § 401 (a) of the Internal Revenue Code of 1986, as amended, to…
Va. Code Ann. § 51.1-608 Cash match plan for employees of the Commonwealth; administered by the Board
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A. The Board shall establish and administer a cash match plan for employees of the Commonwealth and its agencies. The Virginia Retirement System Director shall be the chief administrative officer of the plan. The Board may contract with private corporations or institutions subjec…
Va. Code Ann. § 51.1-609 Contributions on behalf of qualified participants
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A. A participating employer or, on behalf of the Commonwealth, the Department of Accounts or any agency of the Commonwealth not covered under the central payroll system, shall transfer funds from its appropriations to the private corporation or institution designated to hold inve…
Va. Code Ann. § 51.1-610 Local cash match plans
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A. Any county, municipality, authority, or other political subdivision of the Commonwealth may by ordinance or resolution adopt and establish for itself and its employees a cash match plan. Any such cash match plan may include constitutional officers and their employees. The ordi…