                                 CODE OF VIRGINIA

EQUIVALENT DISTRIBUTION (§ 51.1-1205)

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: 1999, cc. 664, 860; 2001, c. 672; 2002, c. 349.