
Get the free VRS Oversight Report - COMMISSION DRAFT - Virginia.gov - jlarc virginia
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JLA RC Study Topic Selection Subcommittee Meeting
September 11, 2020, MINUTESJLARC Members Present:
Delegate Mark D. Sickles, Chair; Delegate Terry L. Austin; Speaker Eileen Fullerton;
Senator Janet
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Identify the key elements of the VRS system, such as the service provider, software used, and the number of video relay minutes used.
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What is vrs oversight report?
The VRS oversight report is a document that provides an evaluation and summary of the performance and management of the Virginia Retirement System (VRS), focusing on compliance, risk management, and recommendations for improvement.
Who is required to file vrs oversight report?
Entities that manage or oversee public retirement funds in Virginia, including employers participating in the VRS and any investment managers handling VRS assets, are required to file the VRS oversight report.
How to fill out vrs oversight report?
To fill out the VRS oversight report, complete the designated sections of the form with accurate data regarding fund performance, compliance issues, and any other required disclosures as prescribed by the VRS guidelines.
What is the purpose of vrs oversight report?
The purpose of the VRS oversight report is to ensure accountability and transparency in the management of VRS assets and to identify any areas that require attention or intervention to improve fund performance and governance.
What information must be reported on vrs oversight report?
The VRS oversight report must include information such as asset allocation, investment performance, compliance with investment policies, risk assessments, and any challenges faced by the fund management.
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