Virginia Retirement System (158)
Request Title | Administrative cost for HB 1312 & HB 1401 VaLORS membership expansion |
Biennium | 2024-2026 |
Budget Round | Initial Bill |
Half Sheet Number | 484 #1c |
Description
This amendment provides the Virginia Retirement System $70,000 from nongeneral funds pursuant to the passage of House Bill 1312 and House Bill 1401 which adds Department of Conservation and Recreation conservation officers and Department of Military Affairs firefighters into the VaLORS retirement system. The funding supports the administrative changes needed to effectuate the change. A companion amendment under Item 469 provides funding to support the additional benefit cost for the state employees. |
Funding Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
704 | Personnel Management Services | $70,000 | $0 | |
By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
07180 | Vrs Administrative Expense | $70,000 | $0 |
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 14:41:02