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  1. Employer Update
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  3. Board of Trustees

Employer Update

Category: Board of Trustees

Decorative. A row of matching executive chairs line one side of a long conference room table. Windows and a city skyline are in the background.

J. Clifford Foster IV Joins VRS Board of Trustees

May 2025

Gov. Youngkin appointed J. Clifford Foster to the VRS Board of Trustees.

Portraits of Lawrence Bernert and Matthew James with text saying new board members between them.

VRS Welcomes New and Reappointed Board Members

May 2024

The General Assembly appointed Lawrence Bernert and Matthew James to the VRS Board; Gov. Youngkin reappointed Susan Gooden.

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.

Text saying contribution rates next to a photo of the torso of a woman wearing a suit carrying two binders with labels reading state and OPEB.

Board Certifies FY 2025-2026 Rates for Statewide Plans and OPEBs

November 2023

The funded status of the five statewide retirement plans remains stable, and some contribution rates will decrease.

Text saying contribution rates next to a photo of the torso of a woman wearing a suit carrying two binders with labels reading state and OPEB.

Preview: VRS Board to Certify Contribution Rates This Fall

October 2023

The VRS board will certify FY 2025-2026 rates for statewide retirement plans and other post-employment benefit plans.

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Announcements

May 2023

Prepare for your myVRS Navigator security review and sign up for training on administering VRS benefits.

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