492#1s (VRS) Fund VRS Implementation Costs (SB 70). SB29 - Floor Approved

State Budget

2022 Session

Budget Amendments - SB29 (Floor Approved)

Bill Order » Item 492 #1s

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Fund VRS Implementation Costs (SB 70)

Item 492 #1s

Item 492 #1s	First Year - FY2021	Second Year - FY2022
Independent Agencies
Virginia Retirement System	FY2021 $0	FY2022 $2,109	NGF

Language
Page 276, line 11, strike "$17,720,914" and insert "$17,723,023".

Explanation

(This amendment provides $2,109 NGF in FY 2022 for implementation costs for the Virginia Retirement System associated with SB 70, contingent upon its final passage.)

Item 492

Item 492 (Not set out)	First Year - FY2021	Second Year - FY2022
Personnel Management Services (70400)	$17,687,826	$17,720,914
Administration of Retirement and Insurance Programs (70415)	FY2021 $17,687,826	FY2022 $17,720,914
Fund Sources:
General	FY2021 $80,000	FY2022 $80,000
Trust and Agency	FY2021 $17,607,826	FY2022 $17,640,914