{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/51.1-603.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/51.1-603.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/51.1-603.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/51.1-603.html"}],"law_id":57693,"edition_id":1,"section_id":57693,"structure_id":14431,"section_number":"51.1-603","catch_line":"Local deferred compensation plans","history":"1974, c. 461, \u00a7 51-111.67:18; 1982, c. 364; 1987, c. 619; 1990, c. 832; 1991, c. 379; 1997, c. 174; 2012, c. 660.","full_text":"A\n\nAny county, municipality, authority, or other political subdivision of the Commonwealth may by ordinance or resolution adopt and establish for itself and its employees a deferred compensation plan. Any such deferred compensation plan may include constitutional officers and their employees. The ordinance or resolution adopting or establishing such plan shall create or designate an appropriate board or officer to administer the plan, and shall confer upon such board or officer the authority to do all things by way of supervision, administration, and implementation of the plan, including the power to contract with private corporations or institutions for services in connection therewith. The deferral of compensation may be accomplished by payroll deductions by the appropriate officer of the county, municipality, authority, or other political subdivision.B\n\nIf it deems it advisable, any county, municipality, authority, or other political subdivision of the Commonwealth, which by ordinance or resolution adopts and establishes for itself and its employees a deferred compensation plan, may (i) create a trust or other special fund for the segregation of the funds or assets resulting from compensation deferred at the request of its employees for the implementation of such plan or (ii) provide that its employees who commence employment or reemployment on or after a specified date, and who have not affirmatively elected to participate in such deferred compensation plan or in a plan established by such political subdivision pursuant to § 403(b) of the Internal Revenue Code of 1986, as amended, shall participate in either such deferred compensation plan or 403(b) plan, as determined by the political subdivision, at such initial default amount or rate of deferral as it may determine, unless such employee elects, in a manner prescribed by the plan administrator, not to participate in the plan.","order_by":null,"text":{"0":{"id":211344,"text":"Any county, municipality, authority, or other political subdivision of the Commonwealth may by ordinance or resolution adopt and establish for itself and its employees a deferred compensation plan. Any such deferred compensation plan may include constitutional officers and their employees. The ordinance or resolution adopting or establishing such plan shall create or designate an appropriate board or officer to administer the plan, and shall confer upon such board or officer the authority to do all things by way of supervision, administration, and implementation of the plan, including the power to contract with private corporations or institutions for services in connection therewith. The deferral of compensation may be accomplished by payroll deductions by the appropriate officer of the county, municipality, authority, or other political subdivision.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":211345,"text":"If it deems it advisable, any county, municipality, authority, or other political subdivision of the Commonwealth, which by ordinance or resolution adopts and establishes for itself and its employees a deferred compensation plan, may (i) create a trust or other special fund for the segregation of the funds or assets resulting from compensation deferred at the request of its employees for the implementation of such plan or (ii) provide that its employees who commence employment or reemployment on or after a specified date, and who have not affirmatively elected to participate in such deferred compensation plan or in a plan established by such political subdivision pursuant to § 403(b) of the Internal Revenue Code of 1986, as amended, shall participate in either such deferred compensation plan or 403(b) plan, as determined by the political subdivision, at such initial default amount or rate of deferral as it may determine, unless such employee elects, in a manner prescribed by the plan administrator, not to participate in the plan.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":14431,"edition_id":1,"name":"Government Employees Deferred Compensation Plan Act","identifier":"6","label":"chapter","depth":2,"order_by":1,"parent_id":12947,"metadata":{},"date_created":"2026-06-26 03:48:07","date_modified":"2026-06-26 03:48:07","permalink":{"id":236167,"object_type":"structure","relational_id":14431,"identifier":"6","token":"51.1\/6","url":"\/51.1\/6\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12947,"edition_id":1,"name":"Pensions, Benefits, and Retirement","identifier":"51.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:04","date_modified":"2026-06-26 03:44:04","permalink":{"id":235029,"object_type":"structure","relational_id":12947,"identifier":"51.1","token":"51.1","url":"\/51.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":68128,"structure_id":14431,"section_number":"51.1-600","catch_line":"Definitions","url":"\/51.1-600\/","token":"51.1\/6\/51.1-600","metadata":false},{"id":56583,"structure_id":14431,"section_number":"51.1-601","catch_line":"Contract for deferred compensation","url":"\/51.1-601\/","token":"51.1\/6\/51.1-601","metadata":false},{"id":79557,"structure_id":14431,"section_number":"51.1-601.1","catch_line":"Participation in plan by certain employees","url":"\/51.1-601.1\/","token":"51.1\/6\/51.1-601.1","metadata":false},{"id":71102,"structure_id":14431,"section_number":"51.1-602","catch_line":"Deferred compensation plan for employees of the Commonwealth; administered by the Board","url":"\/51.1-602\/","token":"51.1\/6\/51.1-602","metadata":false},{"id":57693,"structure_id":14431,"section_number":"51.1-603","catch_line":"Local deferred compensation plans","url":"\/51.1-603\/","token":"51.1\/6\/51.1-603","metadata":false},{"id":68801,"structure_id":14431,"section_number":"51.1-603.1","catch_line":"Participation by employees of political subdivisions in deferred compensation plan of Virginia Retirement System","url":"\/51.1-603.1\/","token":"51.1\/6\/51.1-603.1","metadata":false},{"id":55794,"structure_id":14431,"section_number":"51.1-604","catch_line":"Standards for deferred compensation plans","url":"\/51.1-604\/","token":"51.1\/6\/51.1-604","metadata":false},{"id":82779,"structure_id":14431,"section_number":"51.1-605","catch_line":"Other retirement, pension, etc., systems not affected; annual report","url":"\/51.1-605\/","token":"51.1\/6\/51.1-605","metadata":false},{"id":61761,"structure_id":14431,"section_number":"51.1-606","catch_line":"Repealed","url":"\/51.1-606\/","token":"51.1\/6\/51.1-606","metadata":false}],"previous_section":{"id":71102,"structure_id":14431,"section_number":"51.1-602","catch_line":"Deferred compensation plan for employees of the Commonwealth; administered by the Board","url":"\/51.1-602\/","token":"51.1\/6\/51.1-602","metadata":false},"next_section":{"id":68801,"structure_id":14431,"section_number":"51.1-603.1","catch_line":"Participation by employees of political subdivisions in deferred compensation plan of Virginia Retirement System","url":"\/51.1-603.1\/","token":"51.1\/6\/51.1-603.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/51.1-603\/","history_text":"

This law was first created in 1974. The record of its establishment is cataloged in chapter 461 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1974 \u201cActs\u201d aren\u2019t available online. It has been modified 6 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1982, chapter 364; in 1987, chapter 619; in 1990, chapter 832; in 1991, chapter 379; in 1997, chapter 174<\/a>; in 2012, chapter 660<\/a>.<\/p>","references":[{"id":80944,"section_number":"22.1-199.1","catch_line":"Programs designed to promote educational opportunities","order_by":null,"url":"\/22.1-199.1\/"},{"id":68128,"section_number":"51.1-600","catch_line":"Definitions","order_by":null,"url":"\/51.1-600\/"}],"refers_to":false,"permalink":{"id":236185,"object_type":"law","relational_id":57693,"identifier":"51.1-603","token":"51.1\/6\/51.1-603","url":"\/51.1-603\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/51.1-603\/","token":"51.1\/6\/51.1-603","dublin_core":{"Title":"Local deferred compensation plans","Type":"Text","Format":"text\/html","Identifier":"\u00a7 51.1-603","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any county, municipality, authority, or other political subdivision of the Commonwealth may by ordinance<\/span> or resolution adopt and establish for itself and its employees a deferred compensation plan<\/span>. Any such deferred compensation plan<\/span> may include constitutional officers and their employees. The ordinance<\/span> or resolution adopting or establishing such plan shall create or designate an appropriate board<\/span> or officer to administer the plan, and shall confer upon such board<\/span> or officer the authority to do all things by way of supervision, administration, and implementation of the plan, including the power to contract<\/span> with private corporations or institutions for services in connection therewith. The deferral of compensation may be accomplished by payroll deductions by the appropriate officer of the county, municipality, authority, or other political subdivision. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If it deems it advisable, any county, municipality, authority, or other political subdivision of the Commonwealth, which by ordinance<\/span> or resolution adopts and establishes for itself and its employees a deferred compensation plan<\/span>, may (i) create a trust or other special fund for the segregation of the funds or assets<\/span> resulting from compensation deferred at the request of its employees for the implementation of such plan or (ii) provide that its employees who commence employment or reemployment on or after a specified date, and who have not affirmatively elected to participate in such deferred compensation plan<\/span> or in a plan established by such political subdivision pursuant to § 403(b) of the Internal Revenue Code of 1986, as amended, shall participate in either such deferred compensation plan<\/span> or 403(b) plan, as determined by the political subdivision, at such initial default<\/span> amount or rate of deferral as it may determine, unless such employee elects, in a manner prescribed by the plan administrator, not to participate in the plan. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLOCAL DEFERRED COMPENSATION PLANS (\u00a7 51.1-603)\n\nA. Any county, municipality, authority, or other political subdivision of the\nCommonwealth may by ordinance or resolution adopt and establish for itself and\nits employees a deferred compensation plan. Any such deferred compensation plan\nmay include constitutional officers and their employees. The ordinance or\nresolution adopting or establishing such plan shall create or designate an\nappropriate board or officer to administer the plan, and shall confer upon such\nboard or officer the authority to do all things by way of supervision,\nadministration, and implementation of the plan, including the power to contract\nwith private corporations or institutions for services in connection therewith.\nThe deferral of compensation may be accomplished by payroll deductions by the\nappropriate officer of the county, municipality, authority, or other political\nsubdivision.\n\nB. If it deems it advisable, any county, municipality, authority, or other\npolitical subdivision of the Commonwealth, which by ordinance or resolution\nadopts and establishes for itself and its employees a deferred compensation\nplan, may (i) create a trust or other special fund for the segregation of the\nfunds or assets resulting from compensation deferred at the request of its\nemployees for the implementation of such plan or (ii) provide that its employees\nwho commence employment or reemployment on or after a specified date, and who\nhave not affirmatively elected to participate in such deferred compensation plan\nor in a plan established by such political subdivision pursuant to § 403(b)\nof the Internal Revenue Code of 1986, as amended, shall participate in either\nsuch deferred compensation plan or 403(b) plan, as determined by the political\nsubdivision, at such initial default amount or rate of deferral as it may\ndetermine, unless such employee elects, in a manner prescribed by the plan\nadministrator, not to participate in the plan.\n\nHISTORY: 1974, c. 461, \u00a7 51-111.67:18; 1982, c. 364; 1987, c. 619; 1990, c.\n832; 1991, c. 379; 1997, c. 174; 2012, c. 660.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}