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.
Henrico County Recreation and Parks will present “Red, White, and Lights” at Meadow Farm Museum/Crump Park July 4.
Henrico County has hosted a Fourth of July celebration annually since 1981, but this year’s event will offer a later start time and expanded hours and be highlighted by new entertainment.
The free event will begin at 4:30 p.m. and will feature the Richmond Symphony, a laser-light show, patriotic performances, and family activities. > Read more.
The Tuckahoe Family YMCA and ReEstablish Richmond will host the third-annual Refugee Community Resource Fair Saturday, June 18, from 10 a.m. to noon at the YMCA, 9211 Patterson Avenue in Henrico. The event is designed to provide refugees in the region information about jobs, local businesses, housing, health care, education and more.
As part of its strategic plan, the YMCA of Greater Richmond works to identify, address and eliminate economic, geographic and cultural barriers. > Read more.
Celebrate Independence Day in Henrico! The county’s annual event is new and improved this year with a later start time, expanded hours and new entertainment, including the Richmond Symphony and a laser light show. Lewis Ginter is also offering free admission all day. On Saturday, check out the first annual Innsbrook Taste of Virginia, the family movie at Varina Library or Anthony Snape and special guest Jess Labus at The Tin Pan. For all our top picks this weekend, click here! > Read more.
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Jun. 16, 2016Click here to read the print edition.
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CalendarLewis Ginter Botanical Garden will present Nature Connects: Art with LEGO Bricks May 27 to Sept. 18 from 9 a.m. to 5 p.m. daily. Created with half-a-million LEGO bricks, the… Full text