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