                                 CODE OF VIRGINIA

INSURANCE EXEMPT FROM PROCESS (§ 51.1-510)

A. The insurance provided for in this chapter, including any optional insurance,
and all proceeds therefrom shall be exempt from levy, garnishment, and other
legal process, except (i) as provided in subsection B and (ii) for
administrative actions pursuant to Chapter 19 (&#xA7; 63.2-1900 et seq.) of
Title 63.2 or any court process to enforce a child or child and spousal support
obligation. However, the insured may make a voluntary, irrevocable assignment of
his group life insurance and any individual conversion policy that may be issued
upon termination of his group life insurance by executing an assignment on a
form prepared by the Board of Trustees of the Virginia Retirement System.

B. From any insurance proceeds payable pursuant to this chapter to a
retiree&#8217;s beneficiaries, the Board may deduct any overpayment of
retirement allowance paid to such retiree.

HISTORY: 1960, c. 604, § 51-111.67:8; 1980, c. 643, § 51-111.67:12.1; 1990, c.
832; 1994, c. 883; 1997, c. 273; 2008, c. 354.