§ 51.1-1303. Standards for benefit restoration plans
No benefit restoration plan shall become effective until the Board, county, municipality or political subdivision of the Commonwealth is satisfied by opinion of its respective counsel, such federal agency or agencies as may be deemed necessary, or otherwise, that the benefits payable under the plan will not be included in the employee’s taxable income under […]
§ 51.1-1300. Definitions
As used in this chapter, unless the context requires a different meaning: “Board” means the Board of Trustees of the Virginia Retirement System. “Member” means any member whose benefits under the Virginia Retirement System (§ 51.1-124.1 et seq.), the State Police Officers’ Retirement System (§ 51.1-200 et seq.), the Virginia Law Enforcement Officers’ Retirement System […]
§ 51.1-1211. Falsification of records; penalty
Any person who knowingly makes any false statement or falsifies or permits the falsification of any record related to eligibility for membership in the Fund in any attempt to defraud the Fund shall be guilty of a Class 1 misdemeanor. 1999, cc. 664, 860.
§ 51.1-1210. Administrative fee for rejoining the Fund
Any individual who had been a member of the Fund and who applies to rejoin the Fund shall not be entitled to membership until he has paid an administrative fee of twenty-five dollars. The Board shall elect to waive the twenty-five dollar fee for members reinstated pursuant to subsection B in § 51.1-1209. 1999, cc. […]
§ 51.1-1207. Determination of prior creditable service; information furnished by applicants for membership
Any member with eligible service prior to the effective date of membership may purchase up to 10 years of such service upon certification of his fire department or emergency medical services agency. Such purchase shall be prorated at the rate of one year for every two years of eligible service. The cost of such service […]
§ 51.1-1208. Length of service not affected by serving in more than one department or agency; transfer from one department or agency to another
The length of service of an eligible volunteer firefighter or eligible volunteer who is an individual who meets the definition of “emergency services personnel” in § 32.1-111.1 shall not be affected by the fact that he may have served with more than one department or agency, and upon transfer from one department or agency to […]
§ 51.1-1209. Effect of member not maintaining eligibility and being six months delinquent in making monthly payments
A. Any member who does not maintain his eligibility as a member and who becomes six months delinquent in making the required quarterly payments by the date as determined by the Board, shall forfeit his membership in the Fund. Upon forfeiting his membership and becoming delinquent, such membership shall be reinstated only upon written request […]
§ 51.1-1203. Definitions
For purposes of this chapter, unless the context requires a different meaning: “Creditable service” means service as an eligible volunteer plus any service credited pursuant to § 51.1-1207. “Eligible volunteer” means any volunteer emergency medical services personnel or any volunteer firefighter who is a member of a bona fide volunteer emergency medical services agency or […]
§ 51.1-1204. Application for membership in Fund; quarterly payments by members; matching payments from the general fund; payments credited to separate accounts of members
Eligible volunteers, and all persons who subsequently become eligible volunteers, may apply to the Board for membership in the Fund. Upon becoming a member of the Fund, each eligible volunteer shall pay an amount to be set by the Board per quarter into the Fund. Each quarterly payment made by a member shall be supplemented […]
§ 51.1-1205. Equivalent distribution
Any member who has attained the age of sixty and who has ten years of creditable service as an eligible volunteer shall be entitled to a distribution from the Fund equivalent to the contributions that he has made, the appropriate matching contributions made on his behalf, and any investment gains on such contributions less any […]