Employer Update

VRS-participating employers are required to present documentation to their auditors that support their accounting practices for employee retirement contributions. VRS provides employers with two reports through myVRS Navigator, which are available by request only:

GASB Statement No. 68

The GASB Statement No. 68, prepared by the VRS actuary, details an employer's comprehensive financial transactions with VRS. It does not include employee-specific data, so employers may receive the report via email.

Request by email: The report typically can be generated by the next business day. To request it, email VRS CFO Barry Faison at bfaison@varetire.org. Be sure to include your agency name and five-digit employer number in the request.

GASB Report – Validation of Census Data

This report includes employee-specific information about salary changes, separation, enrollments and other employment data related to VRS benefits. It is only available through myVRS Navigator Report Repository and accessible by certain roles.

Time-sensitive: The Validation of Census Data report only includes information dating back a maximum of 18 months. Therefore, it's recommended that employers establish a year-end process to request this report so it will be ready for auditors in advance of their deadline.

Review VRS' Accessing GASB Reports job aidin the Commonwealth of Virginia Learning Center. You'll need to log in to access the job aid. To receive log-in credentials, email to externalVLC@varetire.org. Be sure to include your full name and work e-mail address.