Www.schev.edu

Jul 01, 2017 · The contribution rate for the Virginia Retirement System (VRS) was reduced from 14.22 percent in FY16 to 13.49 percent in FY17 and is expected to stay at that rate for FY18. The recovery of the nongeneral fund portion of the prepayment made to the VRS to reduce rates per employee is included in the appropriated budget for FY17 ($390,307) and ... ................
................