CHAPTER 15

An Act to appropriate funds for the administrative expenses of the Board
of Trustees of the abolished Virginia Retirement System and any
successor to such board in connection with terminating such abolished
Retirement System, and for Social Security and retirement benefits
for certain governmental employees; to provide for the disposition
of certain funds appropriated to the Virginia Retirement System
for the fiscal year ending June 30, 1952; and in connection therewith
to provide for certain notice to such persons so covered or to be cov-
ered and the effect thereof. .

fH 267]

Approved February 8, 1952

Be it enacted by the General Assembly of Virginia:

1. § 1. Any sum from Item 28, Chap 578, Acts of Assembly, 1950,
or otherwise provided for the administrative expenses of the Board of
Trustees of the Virginia Retirement System, remaining upon repeal of
the Virginia Retirement Act, is hereby appropriated for the administra-
tive expenses of the Board of Trustees of the abolished Virginia Retire-
ment System and any successor to such board to be expended in the period
February 1, 1952, through June 30, 1952, inclusive.

§ 2. There is appropriated from the general fund of the State
treasury to the Contribution Fund established by the General Assembly
of 1952, for the State employers’ Social Security payment, for the period
January 1, 1951, through June 30, 1952, inclusive, on behalf of State
employees, a sum sufficient, estimated at one million, four hundred thou-
sand and eighty dollars.

§ 3. There is appropriated from the general fund of the State
treasury, for reimbursement to each county and city the pro rata share
of the actual employers’ Social Security payments made by it, for the
period January 1, 1951, through June 30, 1952, inclusive, on behalf of
local special employees to the Contribution Fund established by the
General Assembly of 1952, a sum sufficient, estimated at sixty thousand,
eight hundred and seventy dollars. The pro rata share reimbursed to each
county and city shall bear the same relationship to the total employers’
payment for special employees as the State’s share of the special employee
salaries or the State’s share of the excess fees, if any, from the special em-
ployees’ office bears or would bear to the total of such salaries or excess
fees, respectively.

§ 4. There is appropriated from the general fund of the State
treasury for reimbursement to each local school board the actual employers’
Social Security payments made by such board, for the period January 1,
1951, through June 30, 1952, inclusive, on behalf of teachers to the Con-
tribution Fund established by the General Assembly of 1952, a sum
sufficient, estimated at one million, one hundred and ninety-nine thousand,
two hundred and fifty dollars; the term “teacher” shall be as defined in
the Act of 1952 providing for Social Security coverage of such teachérs
and other employees.

§ 5. In the event any political subdivision required by law and by
any agreement pursuant to such law to make payments to the Contribution
Fund established by the General Assembly of 1952 fails to make such
Social Security payments as are duly prescribed, either from its local
employees or its special employees or on behalf of its employers’ con-
tribution, the Board of Trustees of the Virginia Retirement System or
any successor to such board shall inform the Comptroller of the delinquent
amount and political subdivision. The Comptroller shall forthwith trans-
fer such amount to the Contribution Fund from any nonearmarked monies
otherwise distributable to such subdivision by any department or agency
of the State; provided that if the Comptroller reports to the Board of
Trustees that, by law, no such amounts are distributable to a specified
political subdivision the Board shall require such subdivision to post bond
or securities in an amount sufficient to protect the State against loss from
failure by such subdivision to pay any amounts required under the act
providing Social Security coverage.

§ 6. On June 30, 1952, the Comptroller shall transfer to the general
fund from each special fund to which reference is made in Item 35, Chap
578, Acts of Assembly, 1950, such sums as accrued under the provi-
sions of the Virginia Retirement Act during the period July 1, 1951,
through January 31, 1952, inclusive.

§ 7. On June 30, 1952, the Comptroller shall transfer to the general
fund, from each special fund in the State treasury out of which, during the
period beginning January 1, 1951, through June 30, 1952, inclusive, any
sums are payable to the retirement allowance account or to the Contribu-
tion Fund established by the General Assembly of 1952, such amounts as
shall have accrued on account of salary and wage payments to employees
from such special funds.

§ 8. There is appropriated from the Contribution Fund established
by the General Assembly of 1952, for payment to the Secretary of the
Treasury of the United States to the credit of such account as may be
designated in accordance with the agreement entered into under the Act
establishing the said Contribution Fund, for the purposes stated in the
cited Act, and in such amounts as may be specified pursuant to the cited
agreement, a sum sufficient. |

§ 9. Prior to the effective date of any agreement entered into pur-
suant to law and providing for Social Security benefits for employees of
the State and of any local political subdivision, the head of each State
agency and the governing body of each such local political subdivision
shall notify, in writing, each employee included in such agreement that
continued employment after the date of the agreement will constitute an
acknowledgment by the employee of the Social Security contribution pur-
suant to the agreement to be paid by each such employee for salary or
wages received from the State or local political subdivision during the
period January 1, 1951, through February 29, 1952, inclusive; and any
employee continuing employment after the effective date of such agree-
ment shall be deemed to have acknowledged the payment owed by him.

However, in order that State employees, local special employees, and
teachers may pay the required sum in installments, there is appropriated
from the general fund of the State treasury to the Contribution Fund
established by the General Assembly of 1952, as an advance of the pay-
ments for such employees, a sum sufficient, estimated at $2,000,000. In
partial repayment of the advance contribution made for State employees,
the Comptroller shall continue, during the month of February, 1952, to
deduct from the salary of each employee an amount equal to the sum
deductible under the Virginia Retirement Act. Further, in repayment of
the advance contribution made for State employes, the Comptroller shall
deduct from each employee’s salary or wage payment during the period
March 1, 1952, through June 30, 1952, inclusive, a proportionate portion
of the sum owed to the State. However, the Comptroller is authorized to
accept any lump sum payment or additional amounts paid by any State
employee on his account. Each local political subdivision whose employees’
payments to the Contribution Fund have been paid from this appropria-
tion shall make proportionate repayment to the general fund of the State
treasury during the period March 1, 1952, through June 30, 1952, inclu-
sive. In the event any such local political subdivision fails to make such
repayments, the Comptroller shall take action as provided in § 5 of this
ct.
2. An emergency exists and this act is in force from its passage.