Employer Update

April is Financial Literacy Month, a great opportunity to focus employees’ attention on creating a solid financial future. VRS offers resources that address the money issues most people encounter at every stage in life.

Getting started with myVRS: myVRS is a robust online portal to help members plan for retirement at every stage of working life. The goal-based Retirement Planner projects income and expenses in retirement and helps members gauge their retirement readiness. The Benefit Estimator allows members to experiment with different retirement scenarios.

Building skills with myVRS Financial Wellness: A great place for members to get a holistic view of their personal finances is through this free award-winning program. Self-paced and easy to use, myVRS Financial Wellness includes articles, videos, calculators, educational games, budgeting tools, webinars and courses, all designed to help users grow their knowledge and confidence in everyday financial decision-making.

Point employees in the right direction with the Financial Wellness Toolkit for myVRS.

Education and counseling: Members with questions about retirement or their VRS benefits may schedule virtual counseling appointments online. VRS also offers free webinars on a variety of topics for Plan 1, Plan 2 and Hybrid Retirement Plan members.

Connecting with a CERTIFIED FINANCIAL PLANNER^™ professional: VRS members now have access to Certified Financial Planning Services provided through MissionSquare Retirement, the third-party record keeper for VRS Defined Contribution Plans. Employees can sign up for no-cost webinars and one-on-one 30-minute consultations with CFP^® professionals at varetire.org/make-a-plan.