2025 Audit Opinions & Disclosure Guidance
To assist employers with financial reporting, VRS is providing GASB schedules and
corresponding opinions issued by the state auditor's office. In addition, VRS has
developed sample journal entries and sample note disclosures for employers'
reference for other post-employment benefits.
Note Reports, sample journal entries, note disclosures and other
documents are for the measurement period ended June 30, 2024, unless otherwise noted.
Health Insurance Credit (HIC)
Reports, sample journal entries, note disclosures and other documents for the Health Insurance Credit (HIC).
Sample Journal Entries
Sample Note Disclosures
Analysis of Changes in Net OPEB Liability
Covered Payroll & Contributions
GASB 75 Reports With Audit Opinions
Group Life Insurance (GLI)
Reports, sample journal entries, note disclosures and other documents for Group Life Insurance (GLI).
Sample Journal Entries
Sample Note Disclosures
Analysis of Changes in Net OPEB Liability
Covered Payroll & Contributions
GASB 75 Reports With Audit Opinions
Line of Duty Act (LODA)
Reports, sample journal entries, note disclosures and other documents for the Line of Duty Act (LODA).
Sample Journal Entries
Sample Note Disclosures
Analysis of Changes in Net OPEB Liability
Covered Payroll & Contributions
GASB 75 Reports With Audit Opinions
Virginia Local Disability Program (VLDP)
Reports, sample journal entries, note disclosures and other documents for the Virginia Local Disability Program (VLDP).
Sample Journal Entries
Sample Note Disclosures
Analysis of Changes in Net OPEB Liability
Covered Payroll & Contributions
Virginia Sickness & Disability Program (VSDP)
Reports, sample journal entries, note disclosures and other documents for the Virginia Sickness & Disability Program (VSDP).
Sample Journal Entries
Sample Note Disclosures
Analysis of Changes in Net OPEB Liability
Covered Payroll & Contributions
GASB 75 Reports With Audit Opinions
