• Date Due: December 01, 2024
  • Author: Virginia Retirement System
  • Enabling Authority: Appropriation Act - Item 484 I. (Special Session I, 2024)
  • Description:
    Report on the findings and recommendations of the work group convened to examine the impact the hybrid retirement system has had on judicial appointments, including an analysis of the structure of other states' retirement benefits for judges, specifically looking at other states which provide a hybrid benefit, and options for modifying the current benefit structure for judges including an analysis of the project cost and impact on the unfunded liability of the potential changes.