                                 CODE OF VIRGINIA

PARTICIPATION BY EMPLOYEES OF POLITICAL SUBDIVISIONS IN CASH MATCH PLAN OF
VIRGINIA RETIREMENT SYSTEM (§ 51.1-611)

The Virginia Retirement System may enter into an agreement with any political
subdivision of the Commonwealth to permit participation by the political
subdivision&#8217;s employees in the cash match plan established and
administered by the Board pursuant to § 51.1-607, except that political
subdivisions of the Commonwealth otherwise participating in the retirement
system pursuant to Article 5 (§ 51.1-130 et seq.) of Chapter 1 shall
participate in the cash match plan established and administered by the Board
pursuant to § 51.1-608 to the extent necessary to provide benefits under the
hybrid retirement program described in § 51.1-169.

HISTORY: 2002, c. 311; 2012, cc. 701, 823.