CODE OF VIRGINIA

POSTEMPLOYMENT BENEFITS OTHER THAN PENSIONS DEFINED (§ 15.2-1545)

Postemployment benefits other than pensions covered by the trust, trusts, or
equivalent arrangement shall be defined by the governing body of the county,
city, or town, by the appointed or elected school board, or by the governing
body of any other political subdivision that creates any such program or trust.
Such benefits may include but are not limited to medical, dental, and life
insurance provided to individuals who have terminated their service and to the
dependents of such individuals and may be provided by purchasing insurance, by a
program of self-insurance, or by a combination of both. Such postemployment
benefits other than pensions may be provided to the officers and employees or to
their dependents, estates, or designated beneficiaries. Any benefits arising
from any postemployment benefits other than pension plans shall be clearly
defined and strictly construed.

HISTORY: 2007, c. 710.