Category: Contributions

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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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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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Quick Tips for Reviewing and Reconciling Monthly Snapshots

November 2022

Every month, you generate snapshots of your agency’s current employee population in myVRS Navigator and schedule payments for...

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Here’s What You Need to Know for July

July 2022

Summer is a busy time, with fiscal year-end reporting activities and the implementation of new fiscal-year changes in employer...

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Help Employees Put Their Raises to Work

July 2022

If you’re preparing for employee pay raises in fiscal year 2023, consider these tips to help VRS members plan for a more...

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Online Security Starts With Members

February 2022

An important step VRS members can take to guard against identity theft is to claim their online myVRS and defined contribution...

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Proposed Budget Would Hold Teacher, State Rates at Current Levels; Add $924 Million to VRS Trust Fund

February 2022

The proposed FY 2023-24 budget includes provisions aimed at reducing the unfunded liabilities for the state-wide retirement...

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Your Turn to Ask

January 2022

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