§ 51.1-811 Eligibility for retirement; retirement allowance
Any member of a police department who has completed twenty years of service in the department and attained the age of fifty years may retire and receive the pension and benefits provided in this section. Upon retirement, a member shall receive a retirement allowance, payable to the member for life, equal to fifty percent of the member’s annual salary, computed on the basis of the last three years of service and an additional amount equal to two percent of the member’s salary for each year of service after the age of fifty and after twenty years of service in the department.
History
The record of this law’s original creation isn’t available online. It has been modified 1 time. 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. That modification is as follows: in 1990, chapter 832.
1940, p. 738; Michie Code 1942, § 3035i; Code 1950, § 51-120; 1990, c. 832.