Retirement System's retirement plans; JLARC to study adequacy, equity, and workforce impacts.

Study; JLARC; adequacy, equity, and workforce impacts of the Virginia Retirement System's retirement plans; report. Directs the Joint Legislative Audit and Review Commission to perform a two-year comprehensive evaluation of the Virginia Retirement System's retirement plans, including Plan 1, Plan 2, and the Hybrid Retirement Plan, with particular attention to benefit adequacy, employee affordability, and impacts on workforce recruitment and retention.