Bill > HB1393

This bill modifies the Virginia Retirement System rules to allow retired law-enforcement officers to return to full-time work while continuing to receive their pension under specific conditions. The key provision permits a retired law-enforcement officer to return to work as a full-time law-enforcement officer after a mandatory break in service of at least six calendar months. To be eligible, the officer cannot be receiving any early retirement incentive benefits and must meet certain service requirements. When a retired officer returns to work, their retirement benefits will not be impacted by their new employment, and their compensation will still be subject to employer contributions. The bill specifically ensures that the officer can continue receiving their full retirement allowance during this period of reemployment, effectively allowing them to "double dip" by collecting both their pension and a full-time salary. The changes will take effect on January 1, 2025, providing a clear timeline for implementation and giving agencies time to prepare for this new employment flexibility for retired law-enforcement officers.