Employer Update

Preparing the pension and VRS-administered other post-employment benefit (OPEB) components of your annual financial statements? The Financial Reporting page on the VRS employer website offers a suite of resources to help you comply with Governmental Accounting Standards Board (GASB) requirements.

Here’s what you’ll find:

• Audit Reports for pension and OPEB plans.
• Sample Journal Entries to guide your accounting.
• Sample Note Disclosures for pension and OPEB reporting.
• Analysis of Changes in net pension and net OPEB liabilities.
• Covered Payroll and Contribution Data for pension and OPEB plans.