Employer Update

VRS came away with a pair of first-place wins at the annual Eddy Awards sponsored by Pensions & Investments magazine at its annual East Coast Defined Contribution Conference March 8-11.

The myVRS Financial Wellness platform took first place in the financial wellness category among public plans with more than 5,000 participants. The winning entry was a joint effort of VRS and iGrad, featuring the ongoing campaign to engage members in reducing financial stress by improving money-management skills and financial knowledge. Read the full release.

VRS' communications campaign supporting 2020 updates to the Optional Retirement Plan for Higher Education (ORPHE) took first place in the conversions/403(b) consolidations category for public plans with 1,000 to 5,000 participants. VRS and TIAA submitted a joint entry for the ORPHE 2020 campaign, which focused on increasing value for plan participants by making provider and investment choices more consistent. Read the full release.