Bill would freeze Virginia DB plan

There will be big changes ahead for future state employees in Virginia if a bill currently before the Virginia General Assembly becomes law.

The new defined contribution plan would also be open to current state employees who want to switch from the Virginia DB plan, according to a bill sponsored by Delegate Harry R. Purkey.

The new defined contribution plan would also be open to current state employees who want to switch from the Virginia DB plan, according to a bill sponsored by Delegate Harry R. Purkey

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