Employer Update

VRS provides employers with two reports to help meet your audit needs for employee retirement contributions. Both can be accessed in myVRS Navigator.

GASB Report – Validation of Census Data

What is it? This report includes employee-specific information about salary changes, separation, enrollments and other employment data related to VRS benefits.

Time-sensitive: The Validation of Census Data runs overnight in myVRS Navigator and is available to the employer the next day. The report includes a maximum of the last 18 months of member information. Data before this period cannot be accessed. VRS recommends you establish a process to pull the information every quarter so that a year’s worth of data will be ready for auditors in advance of their deadline.

Who can access it:

• Person Account Processor
• Employment Processor
• Contributions Processor
• Security Administrator

GASB 68

What is it? The GASB Statement No. 68 report covers the employer-specific financial data regarding the employer’s retirement plans but does not include sensitive information. The report is accessible to all myVRS Navigator users for each employer.

Use the Job Aid: Review the Accessing GASB Reports job aid in the Commonwealth of Virginia Learning Center. You will need to log in to access the job aid.

Questions?

• To update individual user access, contact your internal Security Administrator.
• If additional assistance is needed, contact VRS Employer Support at 888-827-3847.
• For questions regarding the content of the reports, email rates@varetire.org and include your agency’s name and five-digit employer code.