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2025 Session

Budget Amendments - HB1600 (Floor Approved)

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Funding to Reduce RHC Unfunded Liability

Item 469 #2h

Item 469 #2h

First Year - FY2025 Second Year - FY2026
Central Appropriations
Central Appropriations FY2025 $100,000,000 FY2026 $0 GF

Language
Page 576, line 17, strike "$202,906,143" and insert "$302,906,143".

Page 585, after line 12, insert:

"V. Included in this appropriation, $100,000,000 the first year from the general fund is provided for a lump sum payment to the Virginia Retirement System to reduce the unfunded liability in the state employee retiree health credit program."  



Explanation

(This amendment provides $100.0 million general fund in fiscal year 2025 to reduce the unfunded liability in the state employee retiree health credit program.)