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.
On June 13, the Short Pump Rotary Club partnered with Schnabel Engineering for a day of volunteer work with Rebuilding Together Richmond. Team members (among them [from left] Chris Rufe, Melissa Abraham, Rick Naschold, and Micky Ogburn) completed a variety of repairs and home improvements ranging from painting and landscaping to cabinet installation and fence building.
“It was a privilege to be involved in this project," said club president Melissa Abraham. "The homeowner kept thanking the volunteers, but I think all of us would agree we are the ones who actually benefited. It was an opportunity to help a community member, fellowship with great people and improve our handyman skills." > Read more.
Dr. Even Alexander, a New York Times best-selling author who has been featured on Oprah and Dr. Oz, was in town last week to promote his June 27 talk, "Proof of Heaven," at Glen Allen High School.
Alexander (pictured, at right, while Unity of Bon Air church member Harry Simmons interviews him) has written about what he considers to be his journey through the afterlife.
Tickets to this month's event are $25 and will support the new Bon Secours Hospice House being built later this year. > Read more.
For our Top 10 calendar events this weekend, click here! > Read more.
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CalendarLavender Fields Herb Farm, 11300 Winfrey Rd. in Glen Allen, will offer a free farm tour from 12 p.m. to 12:30 p.m. July 10-11. This walking tour includes the Chickahominy… Full text