HB 987 VA Introduced
Virginia Retirement System; service credit for career and technical education teachers.
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Summary
Virginia Retirement System; service credit for career and technical education teachers. Provides that a member of the Virginia Retirement System shall be eligible for additional years of service credit for service earned as a teacher in the field of career and technical education. The amount of service credit earned shall determined as follows: (i) for service earned as a member who is 45 years of age or older but younger than 55 years of age at the time of such service, such service shall be multiplied by the weighted years of service factor of 2.0 and (ii) for service earned as a member who is 55 years of age or older at the time of such service, such service shall be multiplied by the weighted years of service factor of 2.5.
Sponsor (1)
- Thomas A. Garrett, Jr. Republican · primary
Action history (8)
- Jan 13, 2026 Prefiled and ordered printed; Offered 01-14-2026 26104258D · lower
- Jan 13, 2026 Referred to Committee on Finance · lower
- Jan 26, 2026 Fiscal Impact Statement from Virginia Retirement System (HB987) · lower
- Jan 28, 2026 Referred from Finance and referred to Appropriations (Voice Vote) · lower
- Jan 29, 2026 Assigned HAPP sub: Compensation and Retirement · lower
- Feb 9, 2026 House subcommittee offered · lower
- Feb 9, 2026 Subcommittee recommends laying on the table (5-Y 2-N) · lower
- Feb 18, 2026 Left in Committee Appropriations · lower
Text versions (4)
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