2015 Session

Budget Amendments - SB800 (Floor Approved)

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VRS-NGF Impact (SB 1162)

Item 482 #1s

Item 482 #1s

First Year - FY2015 Second Year - FY2016
Independent Agencies
Virginia Retirement System FY2015 $0 FY2016 $440,000 NGF

Page 463, line 2, strike "$12,386,585" and insert "$12,826,585".

(This amendment reflects the estimated NGF impact to VRS to implement Senate Bill 1162 related to allowing school divisions the option of establishing and administering their own deferred compensation and cash match plans for the hybrid retirement program.)