14 chapters · 305 sections in this title.
Va. Code Ann. § 51.1-800 Counties, cities, and certain towns to establish local systems or participate in Virginia Retirement System
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A. Every county and city, and every town having a population of 5,000 or more, shall provide a retirement system for those officers and employees listed in subsection B either (i) by establishing and maintaining a local retirement system which provides a service retirement allowa…
Va. Code Ann. § 51.1-801 Counties, cities, and towns generally
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The governing body of any county, city, or town may, by ordinance adopted by a recorded vote of a majority of the members elected, establish a retirement system. The retirement system may cover injured or retired officers and employees of the county, city, or town. Benefits may b…
Va. Code Ann. § 51.1-801.1 Portability of service credit between certain political subdivisions of the Commonwealth and the Virginia Retirement System or certain other political subdivisions of the Commonwealth
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A. Any political subdivision of the Commonwealth which has a defined benefit plan that is not supplemental to the Virginia Retirement System may enter into an agreement with the Virginia Retirement System to permit any vested member of the Virginia Retirement System, upon enterin…
Va. Code Ann. § 51.1-802 Assets of retirement systems; exemption from taxation; execution and assignment
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The assets of any retirement system established pursuant to this article, or by a city or town charter, are hereby exempted from any state, county, or municipal tax. The assets of a retirement system, retirement allowances, and other benefits accrued or accruing to any person und…