STATE STATUTES & CODES

VIRGINIA STATUTES AND CODES

Chapter 1 - Virginia Retirement System (51.1-100 thru 51.1-168)

• 51.1-100 - through 51.1-124
• 51.1-124.1 - Description unavailable
• 51.1-124.2 - Virginia Supplemental Retirement System continued as Virginia Retirement System.
• 51.1-124.3 - Definitions.
• 51.1-124.4 - Exemption of assets from taxation; exemption of benefits and assets from execution and assignment; trust funds; unclaimed property; eligible rollover distribution.
• 51.1-124.5 - Disclosure of social security account numbers.
• 51.1-124.6 - Benefits to be paid monthly.
• 51.1-124.7 - Distribution of assets upon repeal of system.
• 51.1-124.8 - Persons affected by changes in retirement benefits.
• 51.1-124.9 - Changes or errors in records resulting in erroneous payments.
• 51.1-124.10 - Falsification of records; penalty.
• 51.1-124.11 - Recovery of payments procured by fraud, false statement, etc.
• 51.1-124.12 - Procedure when employer required to withdraw funds.
• 51.1-124.13 - through 51.1-124.19
• 51.1-124.20 - Board of Trustees; membership; terms; quorum; compensation and expenses.
• 51.1-124.21 - Application of State and Local Government Conflict of Interests Act.
• 51.1-124.22 - Board to administer Retirement System; powers and duties.
• 51.1-124.23 - Medical boards.
• 51.1-124.24 - Chief investment officer; qualifications; duties.
• 51.1-124.25 - Existing advisory committees of the Virginia Retirement System abolished.
• 51.1-124.26 - Advisory Committees to the Board of Trustees; membership; terms; qualifications; duties.
• 51.1-124.27 - Employees of the Retirement System.
• 51.1-124.28 - Legal representation in criminal matters.
• 51.1-124.29 - Description unavailable
• 51.1-124.30 - Board as trustee of funds; investments; standard of care; liability for losses.
• 51.1-124.31 - Pooling of assets for investment.
• 51.1-124.32 - Exemption from Public Procurement Act.
• 51.1-124.33 - Deposit of trust funds not an investment; authorized deposits.
• 51.1-124.34 - Retention of investments that become ineligible.
• 51.1-124.35 - Investment provisions exclusive.
• 51.1-124.36 - Investment of assets of the Commonwealth Health Research Fund.
• 51.1-125 - Persons composing membership; persons holding more than one position.
• 51.1-126 - Employees of institutions of higher education.
• 51.1-126.1 - Certain employees of teaching hospitals.
• 51.1-126.2 - Description unavailable
• 51.1-126.3 - Employees of the University of Virginia Medical Center.
• 51.1-126.4 - Employees of the Virginia Port Authority.
• 51.1-126.5 - Defined contribution plan for eligible members.
• 51.1-126.6 - Certain employees of public school divisions.
• 51.1-126.7 - Employees of the Virginia Outdoors Foundation.
• 51.1-126.8 - Maximum contributions to optional plans; coordination of limits.
• 51.1-127 - Federal Employees' Retirement System.
• 51.1-128 - Cessation of membership.
• 51.1-129 - Limitation on membership.
• 51.1-130 - Resolution of governing body; approval by Board.
• 51.1-131 - Local pension systems; transfer to retirement system.
• 51.1-132 - Eligible employees.
• 51.1-133 - Limitation on membership.
• 51.1-134 - Optional membership; creditable service.
• 51.1-135 - Compulsory membership.
• 51.1-136 - Submitting information and performing duties prescribed by Board.
• 51.1-137 - Computation of employer contribution rates; reimbursement by Commonwealth.
• 51.1-137.1 - Certain local data to be provided.
• 51.1-138 - Benefits.
• 51.1-139 - Procedure when employer in default.
• 51.1-140 - Prior service credit statement.
• 51.1-141 - Service equivalents.
• 51.1-142 - , .1
• 51.1-142.2 - Prior service or membership credit for certain members; service credit for accumulated sick leave.
• 51.1-142.3 - Purchase of additional prior service credit by certain school division superintendents.
• 51.1-143 - Description unavailable
• 51.1-143.1 - Portability of service credit between the Virginia Retirement System and certain political subdivisions of the Commonwealth.
• 51.1-144 - Member contributions.
• 51.1-145 - Employer contributions.
• 51.1-146 - Failure to report or pay contributions or insurance premiums.
• 51.1-147 - Members' contribution account.
• 51.1-148 - Retirement allowance account.
• 51.1-149 - Appointment of custodian; payments.
• 51.1-150 - Deposits.
• 51.1-151 - Description unavailable
• 51.1-152 - Limitations on average final compensation.
• 51.1-153 - Service retirement.
• 51.1-154 - Compulsory service retirement.
• 51.1-155 - Service retirement allowance.
• 51.1-155.1 - Exceptions from general early retirement provisions for certain state employees.
• 51.1-155.2 - Exceptions from general early retirement provisions for certain local government officials.
• 51.1-156 - Disability retirement.
• 51.1-157 - Disability retirement allowance.
• 51.1-158 - Reduction of benefits for acceptance of lump-sum settlement under Workers' Compensation Act.
• 51.1-159 - Medical examinations of persons retired for disability.
• 51.1-160 - Cessation of disability retirement allowance.
• 51.1-161 - Withdrawal of contributions before retirement.
• 51.1-162 - Death before retirement.
• 51.1-163 - Death after retirement.
• 51.1-164 - Description unavailable
• 51.1-165 - Optional benefits.
• 51.1-165.01 - Partial lump-sum option for payment of retirement allowance.
• 51.1-165.1 - Acknowledgment by spouse of member.
• 51.1-166 - Post-retirement supplements generally.
• 51.1-167 - Retirement allowance to be reduced in certain cases.
• 51.1-168 - Limits on creditable compensation; maximum benefits; mandatory payment of allowance.

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