Farrell’s bill would give localities right to establish retirement plans

Del. Peter Farrell, R- Henrico, is sponsoring legislation that would give local governments the option to establish and maintain a defined retirement plan for its employees in lieu of other retirement plans. Farrell said this bill was part of his priority to give local governments the option of having more power to govern its own citizens.

“Respecting [local governments’] ability to self-govern in a measured way is important,” Farrell said. “They have the right and capability to make decisions on their own.”

The bill, HB 1331, is also supported by Del. Mark Cole, R-Fredericksburg.

Cole said he did not see the bill as placing more responsibilities with local governments, but rather as giving them more options to help their employees.

“It does not require any localities to provide such a plan,” Cole wrote in an email. “But just allows them to do so if they wish.”

The legislation provides that each locality may establish a local retirement system that provides a service retirement allowance to each employee who retires at age 65 or older.

The allowance must equal or exceed two-thirds of the service retirement allowance to which the employee would have been entitled to under the defined benefit plan of the Virginia Retirement System.

The bill, which is currently awaiting a vote in the Appropriations Committee, would affect employees hired on or after July 1.
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Villa’s Flagler Housing wins national NAEH award


St. Joseph's Villa’s Flagler Housing & Homeless Services was one of three entities to earn the National Alliance to End Homelessness' Champion of Change Award. The awards were presented Nov. 17 during a ceremony at the Newseum in Washington, D.C.

NAEH annually recognizes proven programs and significant achievements in ending child and family homelessness.

Flagler completed its transition from an on-campus shelter to the community-based model of rapid rehousing in 2013, and it was one of the nation's first rapid re-housing service providers to be certified by NAEH. > Read more.

RIR’s Christmas tree lighting rescheduled for Dec. 12


Richmond International Raceway's 13th annual Community Christmas tree lighting has been rescheduled from Dec. 6 to Monday, Dec. 12, at 6:30 p.m., due to inclement weather expected on the original date.

Entertainment Dec. 12 will be provided by the Laburnum Elementary School choir and the Henrico High School Mighty Marching Warriors band. Tree decorations crafted by students from Laburnum Elementary School and L. Douglas Wilder Middle School will be on display. Hot chocolate and cookies will be supplied by the Henrico High School football boosters. > Read more.
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Weekend Top 10


For our Top 10 calendar events this weekend, click here! > Read more.

 

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The Central Virginia Wind Symphony will present their 12th annual Holiday Spectacular at 3 p.m. at the Collegiate School, 103 N. Mooreland Rd. Al Chez, long-time trumpeter for the Late Show with David Letterman, will join the ensemble as soloist. The Central Virginia Wind Symphony is comprised of the most talented high school musicians across Central Virginia. Admission is free and open to the public. For details, visit http://www.thewindsymphony.com. Full text

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