CHAPTER 367

An Act to amend and reenact §§ 51-111.81 and 51-111.86, as amended, of
the Code of Virginia, relating, respectively, to procedure for localities
desiring to participate in the State Retirement System and to compu-
tation of employer rates of contribution to the retirement system so
as to permit inelusion within the retirement system of certain public
officials and employees; and to appropriate funds. [Ht 185]

Approved March 29, 1958

Be it enacted by the General Assembly of Virginia: oo,
1. That §§ 51-111.81 and 51-111.36, as amended, of the Code of Virginia,
be amended and reenacted as follows:

§ 51-111.31. (a) The governing body of any county, city or town,
and the commission, directing or governing body of any political entity,
subdivision, branch or unit of the Commonwealth or of any commission
or public authority or body corporate created by or under an act of the
General Assembly and subdivision of any of the foregoing, may, by
resolution legally adopted and approved by the Board, elect to have its
employees become eligible to participate in the retirement system. Ac-
ceptance of the employees of such an employer for membership in the
retirement system shall be optional with the Board and if it shall approve
their participation, then such employees may become members of the
retirement system and participate therein as provided in the provisions
of this article. Notwithstanding anything to the contrary, employees of
such employer who are members of any retirement, pension or benefit
fund partially or wholly supported by public funds shall not be entitled
to become members of tthe retirement system on that part of their com-
pensation covered by such fund except as provided under § 51-111.34;
provided that this limitation shall not apply as to such employees cover
by Old Age and Survivors Insurance under the Social Security System.

(b) Any person employed by a political subdivision which, on Septem-
ber 1, 1955, was participating in the Retirement System under § 51-111.81
and who was, or thereafter becomes, a member of the Retirement System
prior to July one, nineteen hundred fifty-eight, may be credited with service
approved by the governing body of his political subdivision prior to the
effective date of the coverage of employees of such political subdivision
under § 51-111.81; provided that this paragraph shall apply only to attor-
neys for the Commonwealth, treasurers, commissioners of the revenue,
clerks of courts, sheriffs, sergeants, and a deputy or assistant, whether
elected or appointed, or employee of any such officer.

§ 51-111.36. (a) The actuary of the retirement system shall com-
pute, at least once in each two-year period, the rates of contributions
payable annually by the employer on behalf of those employees who
become members under the provisions of this article, which shall be
determined by an actuarial valuation of the retirement allowances and
other benefits which will be payable on account of the employees of such
employer who become members. Such contributions shall be payable in
lieu of contributions payable on account of other members in the system.
The expense of making such initial and subsequent valuations shall be
assessed against and paid by the employer on whose account it is neces-
sary. The contributions so computed together with a pro rata share of
the cost of the administration of the retirement system, based upon pro-
portionate total membership, shall be certified by the Board to the chief
fiscal officer of the employer. The amounts so certified shall be a charge
against the employer. The chief fiscal officer of each such employer shall
pay to the State Treasurer the amount certified by the Board as payable
under the provisions of this article, and the State Treasurer shall credit
such amounts to the appropriate accounts of the retirement system.

(b) In the case of contributions payable by the employer for com-
missioners of the revenue, treasurers, attorneys for the Commonwealth,
clerks of courts of record and of county and municipal courts, sheriffs,
sergeants, and a deputy or assistant, whether elected or appointed, or
employee of any such officer, the State shall reimburse the employer on
the basis on which the State pays the salaries of such officer, deputy or
assistant, whether elected or appointed, or employee or shares or would
ohare in the eneens fees from the office, such payment to be made from
u appropriated for such purpose. .

2. For the purposes of this act, there is hereby appropriated a sum
sufficient from the general fund of the State treasury.