CODE OF VIRGINIA BENEFITS TO BE PAID MONTHLY (§ 51.1-124.6) All benefits payable by the Retirement System shall be paid in equal monthly installments, unless the Board approves another method of payment. HISTORY: 1952, c. 353, § 51-111.71; 1990, c. 832, § 51.1-104; 1994, cc. 4, 85.