2008 Session

Budget Bill - HB29 (Chapter 847)

Virginia Retirement System

Item 474

Item 474 (Not set out)

First Year - FY2007Second Year - FY2008
Investment, Trust, and Insurance Services (72500)$12,781,464$14,612,690
Investment Management Services (72504)FY2007 $12,781,464FY2008 $14,612,690
Fund Sources:  
Trust and AgencyFY2007 $12,781,464FY2008 $14,612,690

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.