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GA Adjustment
Central Appropriations (995)
Request Title Provide funding for employee salary increases and for increased employer retirement contributions
Biennium 2014-2016
Budget Round Amended Bill
Half Sheet Number 467#2c
Description

This amendment earmarks $113.9 million from the general fund in the second year, contingent on specific revenue requirements, for compensation actions for state employees and state supported local employees and to increase the retirement contribution rates for the state employee, SPORS, VaLORS, and JRS plans up to 90% of the Board certified rates. Language further stipulates that funding provided for the state's share of the salary incentive for local teachers in Item 136 is also contingent on the specific revenue requirements.

Funding Details
By Program Program Code Program Title FY 2014 FY 2015
  757 Compensation And Benefit Adjustments $0 $113,912,441
By Fund Fund Code Fund Title FY 2014 FY 2015
  0100 General Fund $0 $113,912,441
Authorized Position Details
By Program Program Code Program Title FY 2014 FY 2015


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 03:13:38