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