2012 Session

Budget Amendments - SB30 (Committee Approved)

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Implementation of SB 498 (language only)

Item 482 #1s

Item 482 #1s

Independent Agencies
Virginia Retirement System

Page 367, following line 10, insert:
"C. The Virginia Retirement System shall make those changes administrative policies, procedures, and systems as are necessary for implementation of the public employee retirement reforms provided for in SB 498. Such nongeneral funds as are required to implement these changes are hereby appropriated."

(This amendment provides for implementation of the Senate's pension reform legislation, SB 498.)