78910523-38.119Virginia Decodedhttps://vacode.org2016Educational InstitutionsRestructured Higher Education Financial And Administrative Operations ActAlternative Authority For Covered InstitutionsHuman Resources(Repealed effective October 1, 2016) Certain insurance plans; legal process and assignment2005, cc. 933, 945.http://law.lis.virginia.gov/vacode/23-38.119/51.1-500Definitions/51.1-500/51.1-510Insurance exempt from process/51.1-510//23-38.119/23/4.10/3/6/23-38.11923-38.11423-38.115Insurance provided under this article and all proceeds therefrom shall be subject to the same provisions regarding exemption from levy, garnishment and other legal process as is provided to Virginia Retirement System plans under § 51.1-510; provided, however, that permitted assignments shall be effected through completion of forms provided by the covered institution or its vendor, and provided further, that for insurance plans established by a covered institution, the authority granted to the Board of the Virginia Retirement System in § 51.1-510 is hereby granted to and shall be exercised by the covered institution.sectionAA1For those of its participating Covered Employees eligible to participate in the Virginia Retirement System, a covered institution shall (i) purchase disability insurance, (ii) subject to the execution of such participation agreements as may be necessary, appropriate, and in the best interests of the Commonwealth, continue to participate in the disability insurance program established for state agencies, (iii) establish a self-insured disability insurance program, or (iv) any combination of clauses (i) through (iii). A covered institution may require participating Covered Employees to pay all or a portion of the cost of the insurance coverage offered pursuant to clauses (i), (iii), or (iv) of this subsection, which may be collected through a payroll deduction program. However, the covered institution shall not be required to contribute to the program established for state agencies on behalf of participating Covered Employees who do not participate in that program.sectionCC1