HD10 - Report Number One of the Retirement System Review Commission

  • Published: 1985
  • Author: Retirement System Review Commission
  • Enabling Authority: House Bill 844 (Regular Session, 1984)

Executive Summary:
The Retirement System Review Commission reviewed three bills carried over from the 1984 session of the General Assembly.

In accordance with the authority granted the Commission by H.B. 844 "… to review and evaluate all proposed changes in the Virginia Supplemental Retirement System ... [to] determine the actuarial impact, financial impact, and legal sufficiency of the proposed change and the comparability of such change to the provisions of other retirement systems and promptly submit its findings to the General Assembly," the Commission offers the following comments on House Bill 731, House Bill 812 and House Bill 991.