September 2023 Featured Articles Five Ways Employees Can Build a More Secure FutureVRS offers resources and tools to help members learn more about their retirement benefits and savings options.Learn More Correction Policies Changing for Some Defined Contribution PlansAccurate employer reporting is essential to ensuring contributions are invested timely and according to IRS requirements.Learn More Access GASB Data to Boost Your Year-End Financial ReportingThe VRS employer website offers resources to help you prepare financial statements.Learn More VRS Reports 6.1% Return for FY2023The investment portfolio showed continued strength by exceeding its 3-, 5- and 10-year benchmarks.Learn More September 2023 Articles Announcements September 2023 Sign up for VRS training; self-directed brokerage accounts moving to Schwab. Your Turn to Ask September 2023 Can part-time or hourly employees participate in the Commonwealth of Virginia 457 Deferred Compensation Plan? Five Ways Employees Can Build a More Secure Future September 2023 VRS offers resources and tools to help members learn more about their retirement benefits and savings options. VRS Reports 6.1% Return for FY2023 September 2023 The investment portfolio showed continued strength by exceeding its 3-, 5- and 10-year benchmarks. Access GASB Data to Boost Your Year-End Financial Reporting September 2023 The VRS employer website offers resources to help you prepare financial statements. Sync Your Calendars With VRS Defined Contribution Plans September 2023 Changes coming to defined contribution will improve services for members and streamline administration for employers. ORPHE Open Enrollment: Acknowledge Provider Changes in myVRS September 2023 It's time to notify participants about the open-enrollment period that takes place in October. Correction Policies Changing for Some Defined Contribution Plans September 2023 Accurate employer reporting is essential to ensuring contributions are invested timely and according to IRS requirements. Update: Age-Based Catchup Contributions Cleared for 2024 September 2023 IRS provides more time for plan sponsors to implement change in how 50+ Catch-Up contributions are processed. Announcements Financial Reporting Employer Training Member Education Forms Your Turn to Ask