2024 Session

Budget Amendments - HB30 (Floor Approved)

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Administrative Cost for HB 1312 & HB 1401

Item 484 #1h

Item 484 #1h

First Year - FY2025 Second Year - FY2026
Independent Agencies
Virginia Retirement System FY2025 $70,000 FY2026 $0 NGF

Page 530, line 2, strike "$23,111,353" and insert "$23,181,353".


(This amendment provides the VRS $70,000 from the nongeneral fund pursuant to the passage of House Bill 1312 and House Bill 1401 which add DCR conservation officers and DMA firefighters into the VaLORS retirement system. The funding supports the administrative changes needed to effectuate the change. A companion amendment under Item 469 provides funding to support the additional benefit cost for the state employees.)