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2023 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Cherry
HB 2328 - Include State E-911 Dispatchers in VaLORS

Item 500 #5h

Item 500 #5h

First Year - FY2023 Second Year - FY2024
Independent Agencies
Virginia Retirement System FY2023 $124,000 FY2024 $0 NGF

Language
Page 600, line 14, strike "$53,480,079" and insert "$53,604,079".


Explanation

(This amendment provides $124,000 from the nongeneral fund in fiscal year 2023 to fund the administrative impact of House Bill 2328 which adds E-911 employees that work for state agencies into the VaLORS hazardous duty service retirement system. In addition to the administrative cost there will be an increased from the general fund cost for the benefit changes. The funding amount for the benefit change is being finalized.)