The study conducted by the Joint Legislative Audit and Review Commission (JLARC) in October 2008 is a good starting point in the search for solutions to the VRS issues we are facing. One question that comes up is whether or not changes to the VRS can be made for current employees. According to the JLARC study each of the options described would apply only to newly-hired employees and current employees in the standard VRS plan who are not yet vested in their VRS benefit. (Source Pg. 98 JLARC Oct. 2008) Another place for information is the VRS Comprehensive Annual Financial Report For the Year Ended June 30, 2009 |