Category: Contributions

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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?

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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...

Stay on Top of it! Payment Scheduling

Resolve to Stay on Top of Your Payment Scheduling

January 2022

As we start a new year, resolve to stay on top of scheduling payments to VRS. As a reminder, defined benefit retirement...