2010 Session

Budget Amendments - SB30 (Conference Report)

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VRS Rates

Item 132 #19c

Item 132 #19c

First Year - FY2011 Second Year - FY2012
Education: Elementary and Secondary
Direct Aid To Public Education FY2011 ($188,992,393) FY2012 ($156,822,961) GF

Page 75, line 12, strike "$5,580,822,781" and insert "$5,391,830,388".
Page 75, line 12, strike "$5,780,481,577" and insert "$5,623,658,616".

(This amendment funds the teacher retirement rate at 3.93 percent the first year and 5.16 percent the second year; retiree health care credit at 0.60 percent both years; and group life at 0.28 percent both years.)