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Virginia Retirement System
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Code of Virginia
Pensions, Benefits, and Retirement
Virginia Retirement System
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Section
51.1-100
Repealed
Section
51.1-124.1
Legislative intent and purposes
Section
51.1-124.2
Virginia Supplemental Retirement System continued as Virginia Retirement System
Section
51.1-124.3
Definitions
Section
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
Section
51.1-124.5
Disclosure of social security account numbers
Section
51.1-124.6
Benefits to be paid monthly
Section
51.1-124.7
Distribution of assets upon repeal of system
Section
51.1-124.8
Persons affected by changes in retirement benefits
Section
51.1-124.9
Changes or errors in records resulting in erroneous payments; employer liability
Section
51.1-124.10
Falsification of records; penalty
Section
51.1-124.11
Recovery of payments procured by fraud, false statement, etc.
Section
51.1-124.12
Procedure when employer required to withdraw funds
Section
51.1-124.13
Loss of benefits; certain felony convictions
Section
51.1-124.14
Reserved
Section
51.1-124.20
Board of Trustees; membership; terms; quorum; compensation and expenses
Section
51.1-124.21
Application of State and Local Government Conflict of Interests Act
Section
51.1-124.22
Board to administer Retirement System; powers and duties
Section
51.1-124.23
Medical boards
Section
51.1-124.24
Chief investment officer; qualifications; duties
Section
51.1-124.25
Existing advisory committees of the Virginia Retirement System abolished
Section
51.1-124.26
Advisory Committees to the Board of Trustees; membership; terms; qualifications; duties
Section
51.1-124.27
Employees of the Retirement System
Section
51.1-124.28
Legal representation in criminal matters
Section
51.1-124.29
Reserved
Section
51.1-124.30
Board as trustee of funds; investments; standard of care; liability for losses
Section
51.1-124.30
1. Adoption of stress testing and reporting policies
Section
51.1-124.31
Pooling of assets for investment
Section
51.1-124.32
Exemption from Public Procurement Act
Section
51.1-124.33
Deposit of trust funds not an investment; authorized deposits
Section
51.1-124.34
Retention of investments that become ineligible
Section
51.1-124.35
Investment provisions exclusive
Section
51.1-124.36
Investment of assets of the Commonwealth Health Research Fund
Section
51.1-124.37
Investment of assets of the Commonwealth's Attorneys Training Fund
Section
51.1-124.38
Repealed
Section
51.1-124.39
Investment of assets of the Line of Duty Death and Health Benefits Trust Fund
Section
51.1-124.40
Investment of assets of the Opioid Abatement Fund
Section
51.1-125
Persons composing membership; persons holding more than one position
Section
51.1-126
Employees of institutions of higher education
Section
51.1-126.1
Certain employees of teaching hospitals
Section
51.1-126.2
Repealed
Section
51.1-126.3
Employees of the University of Virginia Medical Center
Section
51.1-126.4
Employees of the Virginia Port Authority
Section
51.1-126.5
Defined contribution plan for eligible members
Section
51.1-126.6
Certain employees of public school divisions
Section
51.1-126.7
Employees of the Virginia Outdoors Foundation
Section
51.1-126.8
Maximum contributions to optional plans; coordination of limits
Section
51.1-127
Federal Employees' Retirement System
Section
51.1-128
Cessation of membership
Section
51.1-129
Limitation on membership
Section
51.1-130
Resolution of governing body; approval by Board
Section
51.1-131
Local pension systems; transfer to retirement system
Section
51.1-132
Eligible employees
Section
51.1-133
Limitation on membership
Section
51.1-134
Optional membership; creditable service
Section
51.1-135
Compulsory membership
Section
51.1-136
Submitting information and performing duties prescribed by Board
Section
51.1-137
Computation of employer contribution rates; reimbursement by Commonwealth
Section
51.1-137.1
Certain local data to be provided
Section
51.1-138
Benefits
Section
51.1-139
Procedure when employer in default
Section
51.1-140
Repealed
Section
51.1-141
Service equivalents
Section
51.1-142
Repealed
Section
51.1-142.2
Prior service or membership credit for certain members; service credit for accumulated sick leave
Section
51.1-142.3
Purchase of additional prior service credit by certain school division superintendents
Section
51.1-143
Repealed
Section
51.1-143.1
Portability of service credit between the Virginia Retirement System and certain political subdivisions of the Commonwealth
Section
51.1-144
Member contributions
Section
51.1-145
Employer contributions
Section
51.1-146
Failure to report or pay contributions or insurance premiums
Section
51.1-147
Members' contribution account
Section
51.1-148
Retirement allowance account
Section
51.1-149
Appointment of custodian; payments
Section
51.1-150
Deposits
Section
51.1-151
Repealed
Section
51.1-152
Limitations on average final compensation
Section
51.1-153
Service retirement
Section
51.1-154
Compulsory service retirement
Section
51.1-155
Service retirement allowance
Section
51.1-155.1
Exceptions from general early retirement provisions for certain state employees and constitutional officers
Section
51.1-155.2
Exceptions from general early retirement provisions for certain local government officials
Section
51.1-156
Disability retirement
Section
51.1-157
Disability retirement allowance
Section
51.1-158
Reduction of benefits for acceptance of lump-sum settlement under Workers' Compensation Act
Section
51.1-159
Medical examinations of persons retired for disability
Section
51.1-160
Cessation of disability retirement allowance
Section
51.1-161
Withdrawal of contributions before retirement
Section
51.1-162
Death before retirement
Section
51.1-163
Death after retirement
Section
51.1-164
Repealed
Section
51.1-165
Optional benefits
Section
51.1-165.01
Partial lump-sum option for payment of retirement allowance
Section
51.1-165.1
Acknowledgment by spouse of member
Section
51.1-166
Post-retirement supplements generally
Section
51.1-167
Retirement allowance to be reduced in certain cases
Section
51.1-168
Limits on creditable compensation; maximum benefits; mandatory payment of allowance
Section
51.1-169
Hybrid retirement program