Higher ed advocates focus on retirement benefits


While higher education issues seem hidden behind state gun control and uranium mining discussions at the Capitol so far, professors from VCU and other schools are urging legislators to improve retirement benefits for public university and college employees.

Pushing for more funding for higher education, better faculty retirement options and lower tuition for in-state residents, three groups spearheaded the task of getting their voices heard last week.

Officials from the Faculty Senate of Virginia, the VCU Faculty Senate and the American Association of University Professors met at legislative offices Thursday morning. Their first order of business was to push for educators’ retirement benefits.

House Bill 486, sponsored by Delegate Onzlee Ware, D-Roanoke, aims to create better retirement incentives for public higher education employees.

The bill would allow such workers, who currently have optional retirement plans, to opt in to the Virginia Retirement System. Employees who wish to maintain an optional retirement plan, and were hired after July 2010, would be provided between 8.5 and 8.9 percent “creditable compensation” from the commonwealth. All other employees would be entitled to a rate of 10.4 percent creditable compensation from the state.

Creditable compensation constitutes all the salary and wages paid to a full-time, salaried higher education employee as a result of services performed. It also includes payments for compensatory time, severance pay or employer-provided payment for the purchase of service credit in the VRS.

The purpose of HB 486 is to give state employees in the higher education system the opportunity to purchase service credit in the VRS based on accumulated earnings and experience, even if those workers are covered under an optional retirement program.

“Many employees come in untenured, so they have a choice whether they want to participate in an optional retirement plan or the VRS, since optional retirement plans are portable and can be taken to other systems. But if you get here [Virginia] and you realize how great it is, then you might wish that you had signed in to the VRS,” said Robert Andrews, organizer of the 2013 Higher Education Advocacy Day.

“The bill makes it so down the road, once [employees] get tenured, they can make a one-time swap to buy equivalent amount of work time in the VRS,” said Andrews, a professor in the VCU School of Business and an officer in the VCU Faculty Senate.

“It’s certainly revenue neutral, and it’s really important for state employees to buy in to this established benefit plan.”

In addition to retirement benefits, education lobbyists are also looking to provide financial benefits to educators’ families.

Senate Bill 104, introduced by Democratic Sen. John Edwards of Roanoke, would reduce the tuition rate for children of Virginia higher education employees by 50 percent. Currently, state universities and colleges can decide individually whether to waive tuition for their employees’ children. SB 104 would ensure that all state institutions implement the reduction immediately.

“Growing up with a mother as a college professor, you really gain a perspective into how valuable higher education is,” said junior Alex Wells of George Mason University. “I think that being proactive in the House and Senate really shows that we’re committed to the long-term prosperity of prospective students and faculty in Virginia.”

Participants in Higher Education Advocacy Day also expressed a need for more state funding to make college tuition more affordable for future students. Members are seeking legislative action to filter more than $200 million for state tuition assistance, as well as more than $2 billion in employer-based financing towards the VRS program.

“We’re important in supporting higher education and maintaining credibility against voices on the other side who feel that they don’t have any responsibility to contribute to higher education,” Andrews said.

“If we don’t have competitive institutions that have the financial resources to provide quality faculty members, or opportunities for students to have more feasible access to college, then we inevitably suffer in attracting professional businesses to our state.”
Bail Bonds Chesterfield VA

Crime Stoppers’ Crime of the Week: May 22, 2017

This week, Crime Stoppers needs your help to find the suspects vandalizing Dominion Energy equipment in Varina.

On Feb. 6 and May 3, someone shot at equipment belonging to Dominion Energy. Both incidents occurred near Kingsland Road between the hours of midnight and 3 a.m. The equipment was damaged, causing a major inconvenience to customers who lost power and posing a safety hazard to people nearby. > Read more.

A place to excel

It's no surprise when a business deal begins to take shape during a golf outing.

Perhaps less common is the business deal that percolates during a youth football practice. But such was the case for Varina District Supervisor Tyrone Nelson.

During a visit to former Varina High School football star Michael Robinson's football camp, Nelson was discussing with Robinson his excitement for the new Varina Library, whose opening last June was at that time forthcoming.
> Read more.

Business in brief


Long & Foster Real Estate recently named Amy Enoch as the new manager of its Tuckahoe office. Enoch brings more than 15 years of real estate expertise to her new position, and she most recently led Long & Foster’s Village of Midlothian office. Enoch has served in both sales and management positions during her tenure at Long & Foster. Prior to her real estate career, Enoch worked in information technology and hospitality. She is a graduate of Radford University, where she earned a Bachelor of Science degree in economics, English and history. Enoch has also received the designation of Graduate, Realtor Institute (GRI) from the National Association of Realtors, and this showcases her expertise in the fundamentals of real estate. > Read more.

Henrico recognized as a 2017 ‘Playful City USA’ community


A national nonprofit organization, KaBOOM!, has selected Henrico County as a 2017 Playful City USA community. The organization encourages communities to bring fun and balanced activities to children every day.

Henrico's selection is joined by the city of Richmond, town of Ashland, as well as the counties of Charles City, Chesterfield, Goochland, Hanover, New Kent and Powhatan. All of the localities make up the first region completely recognized through Playful City USA. > Read more.

Gallagher Foundation serves more than 14,000 teens in first year


In its first year, The Cameron K. Gallagher Foundation reached 14,000 teens through its programs from Spring 2016 to date. The foundation is dedicated to spreading positivity and erasing stigmas by educating and creating awareness on depression, anxiety and stress among teens. CKG delivers programs at schools, community events and its West End office.

“Students are in need of the information in the workshops, whether they know it or not, and they aren’t getting it anywhere else,” said Beth Curry, Director of Health and Wellness at The Steward School. > Read more.

Henrico Business Bulletin Board

May 2017
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The American Legion Post 233, 8088 Recreation Rd. in Varina, will host a free Music Jam at 5 p.m. every fourth Thursday of the month. Featuring country gospel and bluegrass music. Anyone is welcome to play or sing. Food and drinks are available for purchase. For details, call Wayne Gilbert at 572-3124. Full text

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