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.”
With a nod to Arbor Day, Citizen seeks photos, descriptions of significant Henrico trees
Citizen Staff Reports 04/28/2015
Do you have a favorite tree in Henrico?
Do you know of a tree with an interesting story?
Do you live near an especially large, old, or otherwise unusual tree – or do you pass by one that has always intrigued you?
Arbor Day 2015 (April 24) was last week, and though the Citizen has published stories about a few special trees over the years (see sidebar) we know that our readers can lead us to more. > Read more.
Henrico's most famous tree, known as the Surrender Tree, still stood for more than a century near the intersection of Osborne Turnpike and New Market Road -- until June 2012.
It was in the shade of that tree on April 3, 1865, that Richmond mayor Joseph Mayo met Major Atherton Stevens and troops from the 4th Massachusetts Cavalry and handed over a note surrendering the city to Federal troops. Evacuation had already begun. > Read more.
The Greater Richmond ARC's annual Ladybug Wine Tasting and Silent Auction on April 11 netted $75,165 to benefit its Infant and Child Development Services (ICDS) program.
About 350 guests sampled fine West Coast wines and craft beer from Midnight Brewery at Richmond Raceway Complex's Torque Club, along with food from local eateries. Carytown Cupcakes provided dessert. > Read more.
A Henrico High School student was one of eight students from Virginia selected as a 2015 student playwright as part of the School of the Performing Arts in the Richmond Community's 26th annual New Voices for the Theater Festival of New Works, which will be held July 10-11 at VCU.
Elaina Riddell of the Center for the Arts at Henrico HS will join the other students and bring her original one-act play to life on stage at the event. In total, 150 plays were submitted to SPARC. Riddell and the other winners will work closely with New York City-based professional playwright Bruce Ward for the event. > Read more.
In the mood for some spring shopping? Eastern Henrico FISH will hold their semi-annual yard sale this weekend – funds raised assist at-risk families in Eastern Henrico County. Lewis Ginter Botanical Garden will hold a spring plant sale which is among the largest in the region with more than 40 vendors selling plants ranging from well-known favorites to rare exotics. Put on your detective hat and find out “whodunnit” at the movie “Sherlock Holmes: A Game of Shadows” and “The Case of the Dead Flamingo Dancer,” presented by the Henrico Theatre Company May 1-17. For all our top picks this weekend, click here! > Read more.
It’s that time of year – charity races are popping up everywhere! On Saturday, St. Joseph’s Villa will be the site of the sixth annual CASA Superhero Run and the fifth annual Richmond Free to Breathe Run/Walk will be held in Innsbrook. Also in Innsbrook, the 2015 Richmond Take Steps for Crohn’s and Colitis will take place on Sunday. If you’re more into relaxation than exercise, check out Wine for Cure’s Dogwood Wine Festival or the Troubadours Community Theatre Group’s production of “West Side Story” at the Henrico Theatre. For all our top picks this weekend, click here! > Read more.
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