Department of Accounts Transfer Payments (162)
| Request Title | HB1400 Conference Substitute - Retirement System Deposit |
| Biennium | 2022-2024 |
| Budget Round | Amended Bill |
| Half Sheet Number | HB1400-H1 |
Description
|
Provides funding for a one-time lump sum payment to the Virginia Retirement System to reduce unfunded liabilities. This funding was contingently appropriated from 2022 actual revenue collections pursuant to Item 485 L., Chapter 2, 2022 Acts of Assembly, Special Session I. |
Funding Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
| 704 | Personnel Management Services | $250,000,000 | $0 | |
| By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
| 01000 | General Fund | $250,000,000 | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 01-24-2026 16:18:05
