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2024 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Obenshain
SB 472: Enhanced Retirement Benefits for 911 Dispatchers

Item 485 #1s

Item 485 #1s

First Year - FY2025 Second Year - FY2026
Independent Agencies
Virginia Retirement System FY2025 $140,000 FY2026 $140,000 NGF

Language
Page 531, line 22, strike "$50,620,839" and insert "$50,760,839".
Page 531, line 22, strike "$51,192,107" and insert "$51,332,107".


Explanation

(This amendment provides $140,000 each year from nongeneral funds for the potential impact of Senate Bill 472, which allows local governments to provide enhanced retirement benefits for hazardous duty service to full-time salaried 911 dispatchers. The bill provides that such enhanced retirement benefits apply only to service earned as a full-time salaried 911 dispatcher on or after July 1, 2025, but allows an employer to provide such enhanced retirement benefits for service earned as a full-time salaried 911 dispatcher before July 1, 2025, in addition to service earned on or after that date. The bill has a delayed effective date of July 1, 2025.)