(a)
The Board of Supervisors shall have the continuing right and power to amend, suspend,
or revoke this Article at any time, which right and power is hereby expressly reserved,
so long as the benefits payable are consistent with Va. Code Ann. 51.1-800.
(b)
No amendment, suspension or revocation, including termination or partial termination
of the System, shall have the effect of diverting the trust fund of the System to
purposes other than the exclusive benefit of the participating employees or their
beneficiaries, until all liabilities for accrued benefits payable under the terms
of the System shall have been fully satisfied. Upon termination of the System or a
discontinuance of contributions to the System, each member's benefit accrued as of
such date will be nonforfeitable. (20-81-3; 21-96-3; 52-13-3; 11-19-3.)
