HB987
Virginia Retirement System; service credit for career and technical education teachers.
Status:
In House
Latest Action:
Feb. 9, 2026
House: Subcommittee recommends laying on the table (5-Y 2-N)
Chief Patron:
Tom Garrett (R)
Session:
2026 Regular Session
Summary
As Introduced. 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 ... (More) 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. (Less)-
Bill History
- 01/13/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26104258D
- 01/13/2026 - House: Referred to Committee on Finance
- 01/26/2026 - House: Fiscal Impact Statement from Virginia Retirement System (HB987)
- 01/28/2026 - House: Placed on Finance Agenda
- 01/28/2026 - House: Referred from Finance and referred to Appropriations (Voice Vote)
- 01/28/2026 - House: Referred to Committee on Appropriations
- 01/29/2026 - House: Assigned HAPP sub: Compensation and Retirement
- 02/08/2026 - House: Placed on Appropriations Agenda
- 02/09/2026 - House: House subcommittee offered
- 02/09/2026 - House: Subcommittee recommends laying on the table (5-Y 2-N)
