2006 Special Session I

Budget Amendments - HB5002 (Conference Report)

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State Employee Retiree Health Care Credit

Item 461 #3c

Item 461 #3c

First Year - FY2007 Second Year - FY2008
Central Appropriations
Central Appropriations FY2007 ($3,411,566) FY2008 ($3,559,908) GF

Page 396, line 1, strike "$124,835,526" and insert "$121,423,960".
Page 396, line 1, strike "$172,094,188" and insert "$168,534,280".
Page 402, strike line 11 through line 29.
Page 402,line 30, strike "N." and insert "M."
Page 402, line 44, strike "O." and insert "N."
Page 403, line 7, strike "P" and insert "O."

(This amendment captures savings from calculating the state employee retiree health credit rate at the same eight percent investment return used in House Bill 5002, as introduced, for the Virginia Retirement System's pension programs.)