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VA HB1296

VA HB1296
Health insurance; credits for general registrars and employees of general registrars.


summary

Introduced
01/15/2026
In Committee
01/15/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Regular Session

Bill Summary

Health insurance credits for general registrars and employees of general registrars. Increases the amount of monthly health insurance credits received by retired general registrars and employees of general registrars with a minimum of 15 years of creditable service from $1.50 to $1.75 per month per year of creditable service not to exceed $52.50 per month beginning July 1, 2026.

AI Summary

This bill increases the monthly health insurance credits for retired general registrars and their employees who have at least 15 years of service, raising the credit from $1.50 to $1.75 per month for each year of service, with a maximum monthly credit of $52.50. This change will take effect on July 1, 2026, and aims to provide greater financial assistance for health insurance premiums for these retired public servants. The Virginia Retirement System (VRS), which administers these benefits, will be responsible for determining eligibility and managing the funding for these increased credits, with the cost ultimately borne by the Commonwealth.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Left in Committee Appropriations (on 02/18/2026)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://lis.virginia.gov/bill-details/20261/HB1296
Fiscal Note/Analysis - Fiscal Impact Statement from Virginia Retirement System (HB1296) https://lis.blob.core.windows.net/files/1102028.PDF
BillText https://lis.virginia.gov/bill-details/20261/HB1296/text/HB1296
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