Virginia Retirement System (158)
| Request Title | Improve organizational infrastructure and talent |
| Biennium | 2026-2028 |
| Budget Round | Initial Bill |
| Category | New nongeneral fund spending initiatives |
| Region | None |
Description
|
Provides nongeneral fund appropriation and four new positions to strengthen internal operations, modernize procurement and facilities functions, and support long-term workforce investment through increase in compensation and workspace improvements. |
Funding Summary
| Object Type | FY 2026 | FY 2027 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $4,450,147 | $3,520,823 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 4.00 | 4.00 | |
| 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 2026 | FY 2027 |
| 725 | Investment, Trust, And Insurance Services | $1,000,000 | $2,000,000 | |
| 799 | Administrative And Support Services | $3,450,147 | $1,520,823 | |
| By Fund | Fund Code | Fund Title | FY 2026 | FY 2027 |
| 07180 | Vrs Administrative Expense | $4,450,147 | $3,520,823 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2026 | FY 2027 |
| 799 | Administrative and Support Services | 4.00 | 4.00 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 08-19-2026 21:07:51
