2018 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Torian
HJ 103 - Study Feasability of State Run Retirement Plan

Item 486 #1h

Item 486 #1h

First Year - FY2019 Second Year - FY2020
Independent Agencies
Virginia Retirement System FY2019 $350,000 FY2020 $0 GF

Page 429, line 11, strike "$17,175,128" and insert "$17,525,128".


(This amendment provides $350,000 from the general fund the first year pursuant to the passage of House Joint Resolution 103 of the 2018 General Assembly Session which requires the VRS to study the feasibility and merits of a state-run retirement savings plan for employers and their employees who do not have access to an employer-provided retirement savings plan.)