Category: Political Subdivisions

text reading FY 2025 - FY 2026 employer contribution rates

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.

text reading contribution rates next to a photo of a woman's torso who is holding two binders. The spines of the binders read Local and LODA.

VRS Sets Rates for Localities, VLDP and Line of Duty Act

December 2023

Overall, the defined benefit rate will increase less than 1% for most political subdivision employers based on 2023 valuations.

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Informational Actuarial Valuations Help With Budgeting

March 2023

Informational valuations provide key information about your plan’s funded status and emerging trends in contribution rates.

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Announcements

February 2023

Informational actuarial valuations are coming soon for political subdivisions.

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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...

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Actuarial Review: Political Subdivision Plans’ Funded Status Increased in FY2022

December 2022

The overall funded status of the 598 VRS-participating political subdivisions remains strong, according to 2022 informational...

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Political Subdivision Actuarial Valuations to Provide New Contribution Rates

January 2022

Later this month, VRS will email actuarial valuation reports, prepared as of June 30, 2021, to all political subdivision...