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2022 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: Hackworth
Fund Implementation Costs (SB 17)

Item 494 #2s

Item 494 #2s

First Year - FY2021 Second Year - FY2022
Independent Agencies
Virginia Retirement System FY2021 $0 FY2022 $148,000 NGF

Language
Page 276, line 13, strike "$46,770,856" and insert "$46,918,856".


Explanation

(This amendment provides $148,000 NGF in FY 2022 to cover costs to the Virginia Retirement System to implement the provisions of SB 17, introduced for consideration by the 2022 General Assembly, contingent upon its final passage, which allows a retired law-enforcement officer to continue to receive his service retirement allowance during a subsequent period of employment by a state and local law-enforcement agency under certain circumstances.)