Category: Actuarial Valuation

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Actuarial Valuations: Political Subdivision Plans’ Funded Status Held Steady in FY 2024

December 2024

The aggregate funded status for all plans rose to 89% as of June 30, up a percentage point from the previous year.

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VRS Statewide Plans See Modest Uptick in Funded Status

November 2024

Informational valuation shows modest progress reducing unfunded liabilities for statewide pension and OPEB plans.

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Where to Look for Rate Information and Financial Reporting Resources

October 2024

VRS maintains employer rate information and GASB-related reporting resources in various places across its websites.

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Announcements

March 2024

Track Legislation; Download Rate Letters and Valuations; Register for Training; HIC Forms Updated; GASB Reports Available

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Download Political Subdivision Valuations and Rate Letters From myVRS Navigator

February 2024

To help with budget preparation, easily access and download your actuarial valuations and rate letters from myVRS Navigator.

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Three Common Errors to Avoid When Scheduling Contribution Payments

February 2024

Make sure you submit contributions accurately and on time so funds are invested for your employees’ benefit.

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Political Subdivision Valuations Include New Contribution Rates

January 2024

Political Subdivisions can access 2023 actuarial valuation reports online in myVRS Navigator.

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Informational Actuarial Valuations Coming Soon for Political Subdivisions

January 2023

VRS will provide informational actuarial valuations for pensions and the health insurance credit to participating political sub...