SB419
Retirement systems; one additional year creditable service for certain individuals.
Status:
In Senate
Latest Action:
Feb. 3, 2026
Senate: Continued to next session in Finance and Appropriations (14-Y 0-N)
Chief Patron:
Christie New Craig (R)
Session:
2026 Regular Session
Summary
As Introduced. Retirement systems and creditable service.
Awards an individual who has reached normal retirement age under the State Police Officers' Retirement System (SPORS) or Virginia Law Officers' Retirement System (VaLORS), as determined by relevant law, one additional year of creditable service for every five full years of creditable service earned (i) as a member of SPORS, ... (More) (ii) as a member of VaLORS, or (iii) while employed by a locality that has elected to provide SPORS-benefits to its employees. This bill only affects those retirements that take place on or after July 1, 2027. (Less)-
Bill History
- 01/13/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26102319D
- 01/13/2026 - Senate: Referred to Committee on Finance and Appropriations
- 01/28/2026 - Senate: Fiscal Impact Statement from Virginia Retirement System (SB419)
- 02/03/2026 - Senate: Continued to next session in Finance and Appropriations (14-Y 0-N)
