VRS to Collect New Data in Preparation for Modernization
Posted: January 9, 2012
In preparation for the launch of myVRS Navigator, VRS will populate employer and member data from VRS' existing systems into the new system. However, VRS will add some new data elements. If VRS does not have these new data elements, we will contact employers now through February to update or provide this new data. The data includes:
- Authorization for official contacts who require access to information about your employees and/or the ability to complete transactions for them.
- Your employee identification numbers, if you are not planning to use VRS customer ID numbers.
- Review and correction of VRS job names assigned to your employees.
- Authorization and banking information for electronic payments.
Learn more about these new data elements
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Your prompt response will avoid possible delays in logging in to myVRS Navigator after it launches. myVRS Navigation will enable you to view your employees' data, to create and confirm contributions to VRS and to submit payments in a timely manner after implementation.
Report Current Employee Salaries on VRS-1500
Continue to ensure that the Monthly Membership Report (VRS-1500)
49kb you send VRS includes the current annual salary of each of your employees. Once myVRS Navigator goes live, it will calculate creditable compensation and contributions using employees' annual salaries. Making sure salary is accurate now will mean fewer updates later as VRS populates existing data into the new system.