Category: 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.

On the left, a teacher points to her white board which flows into text on the right which reads News to Know.

Announcements

May 2023

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

An image of several rectangles with ascending heights indicating a bar graph.

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...

Lindsey Pantele with board table and chairs

Lindsey Pantele, a Former Henrico County Teacher of the Year, Joins VRS Board

November 2022

The Joint Rules Subcommittee of the Virginia General Assembly recently appointed Henrico County Teacher Lindsey K. Pantele...

Andrew Junkin CIO

VRS Board Appoints Junkin as Chief Investment Officer

June 2022

VRS Board Appoints Junkin as Chief Investment Officer

Scott Andrews Board

Governor Appoints New Chair to VRS Board of Trustees

June 2022

Gov. Glenn Youngkin recently announced his appointment of A. Scott Andrews to serve as chair of the Virginia Retirement System...