July 2023 Featured Articles How to Boost Retirement Income? Encourage Employees to Save the RaiseMany employees will see a bump in pay this summer. Saving part of their raises now can mean having more cash in retirement.Learn More Custom Tools in myVRS Improve Members’ Plans for a Secure FutureUsing the tools in myVRS, members can create an income plan for retirement and project their monthly benefits.Learn More New Resource Will Help You Navigate Changes to Hybrid Plan AdministrationA new resource will walk you through changes in how employer contributions will be calculated and paid for the hybrid plan.Learn More FY 2024 Kicks Off With Changes – What You Need to KnowA new fiscal year brings new legislation, changes in retiree COLAs and important updates to VRS resources and websites.Learn More July 2023 Articles Announcements July 2023 Learn more about myVRS Navigator security reviews and training opportunities. Your Turn to Ask July 2023 What steps should I take to report employees who go out on or return from active-duty military leave? FY 2024 Kicks Off With Changes – What You Need to Know July 2023 A new fiscal year brings new legislation, changes in retiree COLAs and important updates to VRS resources and websites. How to Update Contracts for New Fiscal Year in myVRS Navigator July 2023 As we begin a new fiscal year, now is the time to make sure contract information is up to date. New Resource Will Help You Navigate Changes to Hybrid Plan Administration July 2023 A new resource will walk you through changes in how employer contributions will be calculated and paid for the hybrid plan. Custom Tools in myVRS Improve Members’ Plans for a Secure Future July 2023 Using the tools in myVRS, members can create an income plan for retirement and project their monthly benefits. How to Boost Retirement Income? Encourage Employees to Save the Raise July 2023 Many employees will see a bump in pay this summer. Saving part of their raises now can mean having more cash in retirement. Coming Soon: Important GASB Data for Your Annual Financial Reports July 2023 VRS will provide resources to help you prepare annual financial statements for the fiscal year that ended June 30. Planning Ahead for SECURE 2.0 July 2023 VRS is reviewing how new federal legislation may affect payroll processes, business rules and overall plan administration. VRS Selects New Record Keeper for Defined Contribution Plans July 2023 After an expected 18-month transition period, Voya will assume record-keeping duties for VRS defined contribution plans. Alight Takes Ownership of ReedGroup July 2023 Over the next few months, references to ReedGroup will change to Alight on websites, in handbooks and in other communications. Announcements Financial Reporting Employer Training Member Education Forms Your Turn to Ask
Navigator
