Central Appropriations (995)
| Request Title | Funding to Improve Funded Status of Retiree Health Credit Plan (469 #6c) |
| Biennium | 2026-2028 |
| Budget Round | Initial Bill |
| Half Sheet Number | 469 #6c |
Description
|
This amendment provides $93.6 million general fund in the first year to reduce the unfunded liability for the retiree health care plan for state employees managed by the Virginia Retirement System. The $93.6 million represents approximately 15 percent of the plan's unfunded liability as June 30, 2025. |
Funding Details
| By Program | Program Code | Program Title | FY 2026 | FY 2027 |
| 757 | Compensation And Benefit Adjustments | $93,600,000 | $0 | |
| By Fund | Fund Code | Fund Title | FY 2026 | FY 2027 |
| 01000 | General Fund | $93,600,000 | $0 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2026 | FY 2027 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 09-22-2026 09:48:27
