[Code 1991, § 2-281]
A.
There is hereby established, pursuant to Code of Virginia, Title
51.1, a system of pensions for retired or superannuated officers and
employees of the City under the Virginia Retirement System.
B.
The effective date of this program is July 1, 1965.
C.
The rules, regulations, and laws governing the operation of this
program as it pertains to employees of the City shall be determined
and administered by the board of trustees of the Virginia Retirement
System.
D.
Eligible employees shall include only the City Treasurer, Commissioner
of the Revenue, City sheriff, clerk of circuit court, commonwealth's
attorney, and Director of the department of social services, and all
eligible employees in their departments.
E.
All prior service shall be credited and paid for by the employer
except that the employee shall pay the employee cost for service rendered
after July 1, 1959.
[Code 1991, § 2-282]
A.
There is hereby established, pursuant to Code of Virginia, Title
51.1, a system of pensions for retired or superannuated officers and
employees of the City under the Virginia Retirement System.
B.
The effective date of this program is July 1, 1974.
C.
The rules, regulations, and laws governing the operation of this
program as it pertains to employees of the City and others will be
determined and administered by the board of trustees of the Virginia
Retirement System.
D.
Eligible employees shall include all persons receiving compensation
through the City payroll system on July 1, 1974, and such others as
the City Council and the board of trustees of the Virginia Retirement
System may approve. An employee must have six months' service to be
eligible for participation in this system.
E.
Past service credit for all eligible employees is defined as that
period of time from the first date of employment until July 1, 1974,
without termination of employment. A leave of absence or other authorized
interruption as determined by the City Manager is not considered termination
of employment.
F.
Participation by each eligible employee is mandatory and is a condition
of employment by the City.
G.
The City Manager is further authorized to administer this retirement
system for the City.
