Moving quickly to implement the findings of a comprehensive study and analysis of its ability to recruit and retain a high-quality workforce, the school board, at their meeting on October 27, 2022, approved recommendations from the Department of Human Resources to move forward with a series of pay increases for key positions beginning in December. Please read our October 28 news release for details! Continue reading
The following message was issued from Nelsie Birch, Chief Financial Officer for Albemarle County, on Friday, October 28, 2022:
I am writing to share that an audit of payments to the Virginia Retirement System (VRS) has revealed that an internal system error has resulted in a need to reconcile some employee VRS accounts due to an underpayment or overpayment of the required member contribution (5% of your regular pay). This will result in the need to deduct additional contributions from employees who had an insufficient amount of contributions deducted from their pay and to refund member contributions that were in excess of the required 5%. About half of our employees are impacted by this, and the predominant amount to be deducted or refunded is under $10. Continue reading