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Select each heading below to see employer contribution rates for VRS retirement plans and other post-employment benefits by fiscal year. Certified by the VRS Board of Trustees, contribution rates are based on a rate-setting actuarial valuation done every two years. Funding for the statewide plans is subject to the state budgeting process. Employer contribution rates provided for non-professional school board and political subdivision plans, including the Virginia Local Disability Program (VLDP) and health insurance credit (HIC) for political subdivisions, are final once certified by the VRS board.

VRS Employer Contribution Rates by Fiscal Year

Retirement Program Fiscal Years
2021 & 2022
Fiscal Years
2023 & 20241
State Employees 14.46% 14.13%
Teachers 16.62% 14.76%
State Police Officers' Retirement System 26.33% 29.98%
Virginia Law Officers' Retirement System 21.90% 24.60%
Judicial Retirement System 29.84% 30.67%
Non-Professional School Board and Political Subdivision Employees Varies by Employer2

1 The General Assembly will approve final contribution rates as part of the state budgeting process.
2 Early next year, VRS will send actuarial reports, including the retirement contribution rate and rates for the health insurance credit (if applicable), to all non-professional school board and political subdivision plans.

Other Post-Employment Benefits Contribution Rates by Fiscal Year

Fiscal Years
2021 & 2022
Fiscal Years
2023 & 20241
Group Life Insurance Employee 0.80% 0.71%
Employer 0.54% 0.48%
Total 1.34% 1.19%
Health Insurance Credit State Employees 1.12% 1.04%
Teachers 1.21% 1.21%
Non-Professional School Board Members and Political Subdivision Employees Varies by Employer2
Virginia Sickness and Disability Program (VSDP) Covered Payroll 0.61% 0.56%
Virginia Local Disability Program (VLDP) Teachers 0.47% 0.47%
Political Subdivision Employees 0.83% 0.85%

1 The General Assembly will approve final contribution rates as part of the state budgeting process.
2 Early next year, VRS will send actuarial reports, including the retirement contribution rate and rates for the health insurance credit (if applicable), to all non-professional school board and political subdivision plans.

Valuation Reports

VRS provides actuarial valuation reports to help employers establish required contribution levels and disclose plan assets and actuarial liabilities that are used to determine the funded status of the retirement plan, and to provide supporting information regarding the plan's operation. The reports are also a resource for complying with Governmental Accounting Standards Board Statements No. 43 and No. 45, which require actuarial valuations of retirees' other post-employment benefits (OPEB).

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