Category: Contribution Rates

Two halves of an oval labeled Defined Benefit and Defined Contribution are split down a jagged seam by text that reads July 2024.

Snapshot Comparison Tool Will Help You Prepare for Rate Separation

February 2024

Use these new reports to help visualize how your snapshot will look after hybrid plan rate separation takes place July 1.

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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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Your Turn to Ask

January 2024

Where can I find a record of my past contribution rates?

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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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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.

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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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Stay on Top of Changes Coming to Defined Contribution Plans

October 2023

Over the next two years, VRS defined contribution plans will improve services for members and streamline employer workflows.

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Sync Your Calendars With VRS Defined Contribution Plans

September 2023

Changes coming to defined contribution will improve services for members and streamline administration for employers.