TO: VACo Finance Steering Committee
FROM: Erik Johnston, Director of Government Affairs
SUBJECT: July VRS Employer Update
DATE: July 8
Copy: County Administrators, County Liaisons
The July VRS Employer Update was released yesterday and is available at http://www.varetire.org/employers/update/2014/jul.asp. The update includes a recap of the employer contribution rates and newly adjusted Other Post-Employment Benefit (OPEB) rates in the recently passed state budget.