Henrico County VA

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 Bondsman Henrico VA Richmond VA
Community

Local couple wins wedding at Lewis Ginter


Richmonders Jim Morgan and Dan Stackhouse were married at Lewis Ginter Botanical Garden in Lakeside Mar. 7 month after winning the Say I Do! With OutRVA wedding contest in February. The contest was open to LGBT couples in recognition of Virginia’s marriage equality law, which took effect last fall. The wedding included a package valued at $25,000.

Morgan and Stackhouse, who became engaged last fall on the day marriage equality became the law in Virginia, have been together for 16 years. They were selected from among 40 couples who registered for the contest. The winners were announced at the Say I Do! Dessert Soiree at the Renaissance in Richmond in February. > Read more.

Fourth-annual Healy Gala planned


The Fourth Annual Healy Gala will be held Saturday, Apr. 11, at The Cultural Arts Center at Glen Allen from 7 p.m. to 11 p.m.

The event was created to honor Michael Healy, a local businessman and community leader who died suddenly in June 2011, and to endow the Mike Healy Scholarship (through the Glen Allen Ruritan Club), which benefits students of Glen Allen High School.

Healy served as the chairman of Glen Allen Day for several years and helped raise thousands of dollars for local charities and organizations. > Read more.

Ruritan Club holding Brunswick stew sale


The Richmond Battlefield Ruritan Club is holding a Brunswick stew sale, with orders accepted through March 13 and pick-up available March 14. The cost is $8 per quart.

Pick-up will be at noon, March 14, at the Richmond Heights Civic Center, 7440 Wilton Road in Varina.

To place an order, call Mike at (804) 795- 7327 or Jim at (804) 795-9116. > Read more.

Page 1 of 124 pages  1 2 3 >  Last ›

Entertainment

Weekend Top 10


Two events this weekend benefit man’s best friend – a rabies clinic, sponsored by the Glendale Ruritan Club, and an American Red Cross Canine First Aid & CPR workshop at Alpha Dog Club. The fifth annual Shelby Rocks “Cancer is a Drag” Womanless Pageant will benefit the American Cancer Society and a spaghetti luncheon on Sunday will benefit the Eastern Henrico Ruritan Club. Twin Hickory Library will also host a used book sale this weekend with proceeds benefiting The Friends of the Twin Hickory Library. For all our top picks this weekend, click here! > Read more.

A taste of Japan

Ichiban offers rich Asian flavors, but portions lack

In a spot that could be easily overlooked is a surprising, and delicious, Japanese restaurant. In a tiny nook in the shops at the corner of Ridgefield Parkway and Pump Road sits a welcoming, warm and comfortable Asian restaurant called Ichiban, which means “the best.”

The restaurant, tucked between a couple others in the Gleneagles Shopping Center, was so quiet and dark that it was difficult to tell if it was open at 6:30 p.m. on a Monday. When I opened the door, I smiled when I looked inside. > Read more.

One beauty of a charmer

Disney’s no-frills, live-action ‘Cinderella’ delights

Cinderella is the latest from Disney’s new moviemaking battle plan: producing live-action adaptations of all their older classics. Which is a plan that’s had questionable results in the past.

Alice in Wonderland bloated with more Tim Burton goth-pop than the inside of a Hot Topic. Maleficent was a step in the right direction, but the movie couldn’t decide if Maleficent should be a hero or a villain (even if she should obviously be a villain) and muddled itself into mediocrity.

Cinderella is much better. Primarily, because it’s just Cinderella. No radical rebooting. No Tim Burton dreck. It’s the 1950 Disney masterpiece, transposed into live action and left almost entirely untouched. > Read more.

Page 1 of 122 pages  1 2 3 >  Last ›







 

Reader Survey | Advertising | Email updates

Classifieds

Sr. SAS Programmer Analyst w/MS degree & 1 yr. exp.: provide analytical support to perform data analysis, backend testing, adhoc reporting, custom./modify. to standard reports, dev. strategies to increase bus.… Full text

Place an Ad | More Classifieds

Calendar

Lavender Fields Herb Farm, 11300 Winfrey Rd. in Glen Allen, will offer the class “Container Gardening” from 10:30 a.m. to 11:30 a.m. Learn how to choose and arrange your plants,… Full text

Your weather just got better.

Henricopedia

Henrico's Top Teachers