Virginia Code 51.1-1131.1: Employer contributions during disability absences.
Current as of: 2024 | Check for updates
|
Other versions
Mandatory employer contributions to the defined contribution component of the hybrid retirement program pursuant to subdivision B 2 of § 51.1-169 on behalf of a participating employee shall be made for each employee who is permanently and totally disabled (as defined in § 22(e)(3) of the Internal Revenue Code). The calculation of such contributions shall be based on the full amount of the participating employee’s creditable compensation.
Terms Used In Virginia Code 51.1-1131.1
- Participating employee: means any eligible employee required or electing to participate in the program. See Virginia Code 51.1-1100
- Program: means the program providing sick leave, family and personal leave, short-term disability, and long-term disability benefits for participating employees established pursuant to this chapter. See Virginia Code 51.1-1100