Code of Virginia - Title 51.1 Pensions, Benefits, And Retirement - Chapter 8 Local Retirement Systems

51.1-800 Counties, cities, and certain towns to establish local systems or participate in Virginia Retiremen...
A. Every county and city, and every town having a population of 5,000 or more, shall provide a retirement system for those officers and employees ...

51.1-801 Counties, cities, and towns generally
The governing body of any county, city, or town may, by ordinance adopted by a recorded vote of a majority of the members elected, establish ...

51.1-801.1 Portability of service credit between certain political subdivisions of the Commonwealth and the Vi...
A. Any political subdivision of the Commonwealth which has a defined benefit plan that is not supplemental to the Virginia Retirement System may enter into ...

51.1-802 Assets of retirement systems; exemption from taxation; execution and assignment
The assets of any retirement system established pursuant to this article, or by a city or town charter, are hereby exempted from any state, county, ...

51.1-803 Investments of retirement systems
A. If the governing body of any county, city, or town establishes a retirement system pursuant to the provisions of this article, any funds that ...

51.1-804 In certain cities
Chapter 251 of the Acts of 1942, as amended by Chapter 81 of the Acts of 1946, codified as § 3035r of Michie Code 1942, ...

51.1-805 In certain counties
The following laws are continued in effect: 1. Chapter 111 of the Acts of 1942, codified as § 2733a of Michie Code 1942, as amended ...

51.1-806 Reimbursement by Commonwealth for portion of employer contribution on account of certain officers a...
Any county or city operating a local retirement system which does not participate in the Virginia Retirement System and which defines as "compensation" the full ...

51.1-807 Police officers' pension and retirement boards
Any county, city, or town in this Commonwealth having a police department may establish, in the manner hereinafter provided, a board to be known as ...

51.1-808 Powers, authority, and duties of board
The general powers, authority, and duties of any police officers' pension and retirement board shall be as follows: 1. To adopt bylaws and regulations which ...

51.1-809 Treasurer of board
The treasurer of the board shall be the custodian of the board's funds and securities and shall give bond, payable to the board, in such ...

51.1-810 Time credited to service record
The time of service of any member of a police department having a police pension and retirement board prior to June 22, 1940, shall be ...

51.1-811 Eligibility for retirement; retirement allowance
Any member of a police department who has completed twenty years of service in the department and attained the age of fifty years may retire ...

51.1-812 Disability from natural causes not originating in performance of official duties
Any member disabled on account of a natural cause or causes not originating in the performance of the member's official duties shall receive a minimum ...

51.1-813 Disability resulting from activities in discharge of official duties
If any member of a police department of a county, city, or town, other than the City of Richmond, which has a pension plan becomes ...

51.1-814 Employing such presumption in determining eligibility for benefits
The presumption established in § 51.1-813 shall be employed in determining eligibility for death, retirement, sickness, and other benefits, provided pursuant to any other provision ...

51.1-815 Counties, cities, and towns authorized to provide relief to surviving spouse and children
Any county, city, or town may provide for the relief of any children and surviving spouse of any law-enforcement officer, sheriff, or deputy sheriff who ...

51.1-816 Reduction of pension and benefits where income earned during disability retirement
If any person receives a disability pension or benefit under this article and subsequently becomes employed, whether full time or part time, the pensions and ...

51.1-817 Salary deductions payable to estate or refunded
If any police officer dies while in active service and leaves no dependents, the member's salary deductions shall be payable to the member's estate. If ...

51.1-818 Funds for payment of pensions and benefits
Any and all cash assets and funds not necessary for immediate payment of pensions or benefits shall be invested in securities that are legal investments ...

51.1-819 Adoption of article optional by counties, cities, and towns; appeal
Any county, city, or town in this Commonwealth having a police department may adopt the provisions of this article and establish a police officers' pension ...

51.1-820 Police officers' pensions and retirements
All of the provisions of this article, including all authorizations and all requirements, shall apply to all counties having the county manager plan of government, ...

51.1-821 Police Retirement System
Prior §§ 51-127.10 through 51-127.30 are continued in effect under subdivision 2 of § 51.1-805 as Chapter 303 of the Acts of Assembly of 1944, ...

51.1-822 Amendment, suspension, or revocation of retirement plan and trust
The governing body of any county with an urban county executive form of government may by ordinance reserve the right to amend, suspend, or revoke ...

51.1-823 Appeal
An appeal of right from the action of the retirement board of any county having an urban county executive form of government on any matter ...