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2015 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: O'Quinn
HB 1883 - VRS administrative funding

Item 484 #1h

Item 484 #1h

First Year - FY2015 Second Year - FY2016
Independent Agencies
Virginia Retirement System FY2015 $0 FY2016 $81,000 NGF

Language
Page 463, line 31, strike "$28,759,424" and insert "$28,840,424".


Explanation
(This amendment provides administrative funding for the Virginia Retirement System to reflect costs incurred as a result of passage of House Bill 1883 of the 2015 General Assembly Session which provides for an open enrollment period to allow members of the State Police Officers Retirement System who stayed in the state's old leave system instead of enrolling in the Virginia Sickness and Disability Program (VSDP) another chance to switch to VSDP.)