Employer Update

Look to the financial reporting page of the VRS employer website for resources to help you prepare the pension and VRS-administered other post-employment benefit (OPEB) plan components of your annual financial statements in accordance with Governmental Accounting Standards Board (GASB) standards.

You’ll find the following resources to help you prepare financial statements:

• Audit reports for the pension and OPEB plans.
• Sample journal entries for pension and OPEB plans.
• Sample note disclosures for pension and OPEB plans.
• Analysis of changes in the net pension or net OPEB liability.

Remember: Unless otherwise noted, these reports have a measurement date as of June 30, 2021.