Virginia Retirement System (158)
| Request Title | Fund implementation of Roth contribution program |
| Biennium | 2014-2016 |
| Budget Round | Initial Bill |
| Half Sheet Number | 484#1s |
Description
|
This amendment provides $237,000 the first year for the estimated one-time cost of implementing Senate Bill 188, which authorizes the inclusion of a Roth contribution program in deferred compensation retirement plans for state and local government employees, beginning July 1, 2015. |
Funding Details
| By Program | Program Code | Program Title | FY 2014 | FY 2015 |
| 799 | Administrative And Support Services | $237,000 | $0 | |
| By Fund | Fund Code | Fund Title | FY 2014 | FY 2015 |
| 0718 | Vrs Administrative Expense Fund | $237,000 | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2014 | FY 2015 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-06-2025 14:03:08
