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Decision Package
Central Appropriations (995)
Request Title Adjust funding for other post-employment benefit programs
Biennium 2020-2022
Budget Round Initial Bill
Category Unanticipated and unavoidable cost adjustments
Region None
Description

Provides general fund support for the changes in employer contribution rates for other post-employment benefit programs for state and state-supported local employees. Funding is provided for the full contribution rates certified by the Virginia Retirement System Board for the state employee sickness and disability, group life insurance, and retiree health insurance credit programs and the state supported employee retiree health insurance credit program based on the June 30, 2019, Virginia Retirement System valuation for 2021 and 2022. Amounts include $98,211 the first year and $102,507 the second year for the state employee programs and savings of $55,805 each year for state-supported local employee programs.

Funding Summary
Object Type FY 2020 FY 2021  
General Fund Dollars $42,406 $46,702  
Nongeneral Fund Dollars $0 $0  
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 2020 FY 2021
  757 Compensation And Benefit Adjustments $42,406 $46,702
By Fund Fund Code Fund Title FY 2020 FY 2021
  01000 General Fund $42,406 $46,702
Authorized Position Details
By Program Program Code Program Title FY 2020 FY 2021


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 11:44:57