                                 CODE OF VIRGINIA

COVERAGE LIMITATIONS (§ 2.2-2755)

Nothing in this chapter or any payroll deposit retirement savings agreement
entered into pursuant to this chapter shall be construed as a promise or
guarantee that the expenses associated with a participating employee&#8217;s or
participating individual&#8217;s retirement will be covered in full by
contributions to or earnings on any account, nor that the contributions to or
earnings on any account will be sufficient to fund any particular level of
benefit upon retirement. In no event shall the Commonwealth, the Program, the
Board, any Board member, or any participating employer be liable for any losses
incurred by Program Trust investments or otherwise by any employee or other
person as a result of participating in the Program.

HISTORY: 2021, Sp. Sess. I, c. 556.