Virginia Retirement System (158)
| Request Title | Adjust compensation and create internships |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Category | New nongeneral fund spending initiatives |
| Region | Richmond Area |
Description
|
Funds compensation adjustments based on market rate analysis across the agency and creates 10 internships. |
Funding Summary
| Object Type | FY 2024 | FY 2025 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $2,376,275 | $2,552,550 | |
| 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 2024 | FY 2025 |
| 725 | Investment, Trust, And Insurance Services | $900,000 | $900,000 | |
| 799 | Administrative And Support Services | $1,476,275 | $1,652,550 | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 07180 | Vrs Administrative Expense | $2,376,275 | $2,552,550 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 11:25:53
