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_ 641 Item Details($) Appropriations($) ITEM 483. First Year Second Year First Year Second Year FY2025 FY2026 FY2025 FY2026 legislative appropriation shall be made for expenditures in this Item related to college access programs. This language does not apply to administrative adjustments needed to support operational activities that are not directly related to support of access programs. H. Notwithstanding any other provision of law, the Commonwealth Savers Plan shall not enter into any contracts or obligations to support college access initiatives beyond those already under commitment as of June 30, 2025. Total for Virginia College Savings Plan Total for Commonwealth Savers Plan $300,155,596 $301,170,641 Nongeneral Fund Positions 150.00 150.00 Position Level 150.00 150.00 Fund Sources: Enterprise $300,155,596 $301,170,641 § 1-137. VIRGINIA RETIREMENT SYSTEM (158) 484. Personnel Management Services (70400) $23,181,353 $23,257,353 $22,961,363 $23,646,763 Administration of Retirement and Insurance Programs (70415) $23,181,353 $23,257,353 $22,961,363 $23,646,763 Fund Sources: Trust and Agency $23,181,353 $23,257,353 $22,961,363 $23,646,763 Authority: Title 9.1, Chapter 4; Title 51.1, Chapters 1, 2, 2.1, and 3, Code of Virginia. A. The Board of Trustees of the Virginia Retirement System is hereby authorized to charge a participation fee to each employer served by the Virginia Retirement System for any services provided pursuant to Title 51.1, Code of Virginia. The fee shall be utilized to pay the administrative expenses of all administrative services, including non-retirement programs. Retirement contributions required by the board shall be reduced to pay such fees in a manner prescribed by the Board of Trustees. B. State agencies and institutions of higher education shall make payments to the Virginia Retirement System (VRS) for VRS-administered benefits no less often than monthly. C.1. Out of this appropriation, $80,000 the first year and $80,000 the second year from the general fund is provided for expenses associated with the Volunteer Firefighters' and Rescue Squad Workers' Service Award Fund. 2. Gains forfeited prior to July 1, 2016 pursuant to § 51.1-1206, Code of Virginia, and the accumulated earnings thereon shall be used to provide the reimbursement described in § 51.1-1200, Code of Virginia. All future gains forfeited pursuant to § 51.1-1206, Code of Virginia, shall also be used to provide the reimbursement described in § 51.1-1200, Code of Virginia. D. The Board of Trustees of the Virginia Retirement System shall provide notification to the Chairmen of the House Appropriations Committee and Senate Finance and Appropriations Committee when a political subdivision becomes more than 60 days in arrears in their contributions to the Virginia Retirement System. Such notification shall occur within 15 days of when the 60 day period has occurred. E.1. Pursuant to the administration of Chapter 4 of Title 9.1, Code of Virginia, the following provisions are effective July 1, 2017: 2. For purposes of this Item, employer contributions for coverage provided to members of the National Guard and Virginia Defense Force on active duty shall be paid by the Department of Military Affairs. 3. In addition to any other benefit provided by law, an additional death benefit in the amount of $20,000 for the surviving spouses and dependents of certain members of the National Guard and United States military reserves killed in action in any armed conflict on or after October 7, 2001, are payable pursuant to § 44-93.1.B., Code of Virginia, from