Virginia Retirement System (158)
| Request Title | Support investment staff performance-based bonuses |
| Biennium | 2018-2020 |
| Budget Round | Amended Bill |
| Category | Other - NGF Only |
| Region | Richmond Area |
Description
|
Provides bonuses for investment staff based on prior year's performance. This amendment is in accordance with § 51.1-124.22 (A)(11), Code of Virginia, which requires the agency to compensate its investment staff based on the prior fiscal year's investment results. |
Funding Summary
| Object Type | FY 2018 | FY 2019 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $0 | $1,435,000 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2018 | FY 2019 |
| 725 | Investment, Trust, And Insurance Services | $0 | $1,435,000 | |
| By Fund | Fund Code | Fund Title | FY 2018 | FY 2019 |
| 07180 | Vrs Administrative Expense | $0 | $1,435,000 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2018 | FY 2019 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 11-03-2025 05:00:36
