2006 Session

Budget Bill - SB30 (Introduced)

Virginia Retirement System

Item 474

Item 474

First Year - FY2007Second Year - FY2008
Investment, Trust, and Insurance Services (72500)$12,781,464$12,717,464
Investment Management Services (72504)FY2007 $12,781,464FY2008 $12,717,464
Fund Sources:  
Trust and AgencyFY2007 $12,781,464FY2008 $12,717,464

Authority: Title 51.1, Chapters 1, 2, 2.1, and 3, Code of Virginia.

In addition to such other powers as shall be vested in the Board, the Board shall have the full power to invest, reinvest, and manage the assets of the Commonwealth Pre-Medicare Eligible Retiree Health Benefits Trust Fund and the Line of Duty Death and Health Benefits Trust Fund. The Board shall maintain a separate accounting for the assets of these funds.