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Decision Package
Virginia Retirement System (158)
Request Title Provide resources for Investment department
Biennium 2022-2024
Budget Round Initial Bill
Category New nongeneral fund spending initiatives
Region Richmond Area
Description

Provides nongeneral fund appropriation and one full-time equivalent position. The agency will procure services to oversee data management and hire one investment accountant to address growth in investment activities.

Funding Summary
Object Type FY 2022 FY 2023  
General Fund Dollars $0 $0  
Nongeneral Fund Dollars $2,820,533 $2,520,533  
General Fund Positions 0.00 0.00  
Nongeneral Positions 1.00 1.00  
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 2022 FY 2023
  725 Investment, Trust, And Insurance Services $720,533 $720,533
  799 Administrative And Support Services $2,100,000 $1,800,000
By Fund Fund Code Fund Title FY 2022 FY 2023
  07180 Vrs Administrative Expense $2,820,533 $2,520,533
Authorized Position Details
By Program Program Code Program Title FY 2022 FY 2023
  725 Investment, Trust, and Insurance Services 1.00 1.00


p3_opview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 14:42:50