Explanation:
(This amendment reflects savings from decreasing the reimbursement the compensation board pays for VRS contribution payments for Commonwealths Attorneys and their employees from 2.13% to 1.74%. The 18% reduction is equal to the reduction in the average local contribution rates when comparing the estimated fiscal year 2013 local rates, based on an assumed 8.0% rate of return, and the current fiscal year 2012 rates.) |