§ 51.1-1205 Equivalent distribution
Any member who has attained the age of sixty and who has ten years of creditable service as an eligible volunteer shall be entitled to a distribution from the Fund equivalent to the contributions that he has made, the appropriate matching contributions made on his behalf, and any investment gains on such contributions less any losses, provided that such amount shall be reduced by the amount of any distribution to such member under § 51.1-1206. The Board may provide alternative methods of distribution in lieu of a lump sum distribution to members entitled to a service award under this section. The distributions provided shall be in addition to all pensions or other benefits under any other statutes of the Commonwealth or the United States.
History
This law was first created in 1999. The record of its establishment is cataloged in chapters 664 and 860 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. 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 2001, chapter 672; in 2002, chapter 349.
1999, cc. 664, 860; 2001, c. 672; 2002, c. 349.