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VA HB1296
VA HB1296Health insurance; credits for general registrars and employees of general registrars.
summary
Introduced
01/15/2026
01/15/2026
In Committee
01/15/2026
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)
Official Document
bill text
bill summary
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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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