2010 Session

Budget Amendments - HB29 (Floor Approved)

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Correct Language - VRS Support for Line of Duty Benefits (language only)

Item 267 #1h

Item 267 #1h

Accounts Transfer Payments, Department of

Page 126, strike lines 35 through 42 and insert:
" D.  Notwithstanding the provisions of Chapter 5, of Title 51.1, Code of Virginia, in the second year of the biennium, the Virginia Retirement System is authorized to transfer $500,000 from the group insurance program to the general fund of the state treasury, as reimbursement for death claims paid pursuant to § 9.1-402 of the Line of Duty Act from July 1, 2009, through June 30, 2010."

(This amendment corrects language included in the introduced budget for a savings strategy to use VRS life insurance funds to support the death benefit claims provided under the Line of Duty Act.)