SB 1064 Optional life insurance for state employees.
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Virginia Retirement System; optional life insurance for state employees. Requires VRS to allow state employees to purchase optional life, accidental death, and dismemberment insurance in amounts up to four times the employee's salary. VRS is currently permitted, but not required, to offer such insurance in amounts equal to twice the salary. The coverage is to be structured so that it does not materially increase the group rates on coverage provided under current law. The measure also permits employees to purchase optional insurance on their spouses (in the same amount as could be purchased on the employee) and minor dependents (in amounts of $5,000, $10,000, and $15,000). The insurance pool for the spousal and minor dependent coverage will be rated separately from coverage on employees. This is a recommendation of the Joint Commission on Management of the Commonwealth's Workforce.

Full text:
01/23/95  Senate: Presented & ordered printed LD3176681  pdf
02/20/95  House: Committee substitute printed LD2290124-H1  pdf
03/02/95  Senate: Bill text as passed Senate and House (SB1064ER)  pdf
03/22/95  Governor: Acts of Assembly Chapter text (CHAP0360)  pdf

01/23/95  Senate: Presented & ordered printed LD3176681
01/23/95  Senate: Referred to Committee on Finance
01/31/95  Senate: Reported from Finance (15-Y 0-N)
02/01/95  Senate: Constitutional reading dispensed (39-Y 0-N)
02/01/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/02/95  Senate: Read second time and engrossed
02/02/95  Senate: Constitutional reading dispensed (39-Y 0-N)
02/02/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/02/95  Senate: Passed Senate (40-Y 0-N)
02/02/95  Senate: VOTE: PASSAGE (40-Y 0-N)
02/02/95  Senate: Communicated to House
02/03/95  House: Placed on Calendar
02/04/95  House: Read first time
02/04/95  House: Referred to Committee on Appropriations
02/17/95  House: Reported from Appropriations with sub. (21-Y 0-N)
02/20/95  House: Read second time
02/20/95  House: Committee substitute printed LD2290124-H1
02/21/95  House: Read third time
02/21/95  House: Committee substitute agreed to LD2290124-H1
02/21/95  House: Engrossed by House - com. sub. LD2290124-H1
02/21/95  House: Passed House with substitute (99-Y 0-N)
02/21/95  House: VOTE: PASSAGE (99-Y 0-N)
02/23/95  Senate: Reading of substitute waived
02/23/95  Senate: House substitute agreed to by Senate (40-Y 0-N)
02/23/95  Senate: VOTE: CONCUR HOUSE AMENDMENT (40-Y 0-N)
03/02/95  Senate: Bill text as passed Senate and House (SB1064ER)
03/07/95  Senate: Enrolled
03/08/95  House: Signed by Speaker
03/10/95  Senate: Signed by President
03/18/95  Governor: Approved by Governor-Chapter 360 (effective 7/1/95)
03/22/95  Governor: Acts of Assembly Chapter text (CHAP0360)