§ 51.1-124.6 Benefits to be paid monthly
All benefits payable by the Retirement System shall be paid in equal monthly installments, unless the Board approves another method of payment.
History
This law was first created in 1952. The record of its establishment is cataloged in chapter 353 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1952 “Acts” aren’t available online. It has been modified 2 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1990, chapter 832; in 1994, chapters 4 and 85.
1952, c. 353, § 51-111.71; 1990, c. 832, § 51.1-104; 1994, cc. 4, 85.