Employer Update

At the end of each month, employers complete the VRS contribution confirmation process by generating and confirming their snapshots. Snapshots provide a monthly picture of your current population of employees and include a summary of all the data from employee records.

Before confirming your snapshot, review and reconcile the amounts in myVRS Navigator with the information in your payroll system.

Summary information is included for defined benefit contributions, the Basic Group Life Insurance Program, the Virginia Sickness and Disability Program (VSDP), the Virginia Local Disability Program (VLDP) and the health insurance credit, as applicable.

Defined contribution component amounts are also included on the snapshot. These amounts are for informational purposes and should also be reconciled to your payroll system.

Four tips to help you navigate the process:

Remember: Contribution payments are due to VRS by the 10^th of the following month, so it's important to allow enough time for reconciliation and confirmation ahead of scheduling your payment. If the 10^th falls on a weekend or a holiday, the payment is due the next business day.

VRS has resources to help: Refer to the Contribution and Payment Scheduling chapterof the Employer Manual. Also, you can take the Contribution Confirmation and Payment Scheduling e-course in the Commonwealth of Virginia Learning Center.