Virginia Retirement System (158)
| Request Title | Remove one-time funding to separate employer contribution rates |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
Description
|
Removes one-time funding to separate the defined benefit rate and defined contribution rate for the Hybrid retirement plan pursuant to Chapters 9 and 229 of the 2022 Acts of Assembly. |
Funding Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
| 799 | Administrative And Support Services | ($514,000) | ($514,000) | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 07180 | Vrs Administrative Expense | ($514,000) | ($514,000) |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 11-02-2025 15:27:05
