Henrico County VA

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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Community

19th Annual Asian American Celebration planned May 21

The Asian American Society of Central Virginia will hold its 19th Annual Asian American Celebration on Saturday, May 21 at the Greater Richmond Convention Center, 403 N. 3rd St. in Richmond, from 11 a.m. to 7 p.m. Admission is free.

The theme for this year’s celebration will be “Our Heritage," in recognition of May as the Asian Pacific American Heritage month, designated by the U.S. Congress in 1992. > Read more.

Sandston Founders Club honors Sydnor


The Founders Club of Sandston presented lifetime membership to Charles W. Sydnor at its 12th annual meeting last month.

Sydnor, who grew up in Sandston and later served as president of Emory and Henry College for eight years, was honored by Founder Club President Alice Taylor Baldwin at the April 23 event at Sandston Memorial Recreation Center. > Read more.
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Restaurant watch

Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.






 

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The 8th Annual American Legion Post 242 & Battlefield Post 144 Sandston Memorial Day Parade will start at 1 p.m. at Seven Pines Elementary School on Beulah Road and proceed… Full text

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