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This page was last edited on 15 November 2013, at 20:22 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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The Virginia Retirement System is an independent state agency that administers pension plans, retirement savings plans, and other benefits to public employees in the U.S. state of Virginia. [1] As of 2018, the agency ranks as the 14th largest public or private pension fund in the United States and is the 42nd largest retirement system in the world.
Providing oversight for Virginia's telecommunication industry; Providing accounting and financial information for the deliberation of utility cases; Assessing the property of public service corporations for local taxation, collecting various taxes and fees, and obtaining annual reports;
The degree of control and direction exercised by the state over the employee; Whether the act complained of involved the use of judgment and discretion. Where an employee is grossly negligent, or engages in intentional torts, the employee may be held liable, but the locality remains immune so long as the employee was providing a governmental ...
The self-insurer must pay directly all benefits to which the employee is entitled under Virginia Law. The Commission also requires that the self-insurer designate a single in-state representative who can meet the requirements specified in the 1991 directive on designated representatives.
[6] [7] [8] The mission of the agency is to "serve the public by acting ethically and efficiently in our administration of Virginia’s tax laws." [ 1 ] The agency is currently led by Craig M. Burns, who has served as Tax Commissioner since November 2010 [ 9 ] [ 10 ]
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