December 2022 Featured Articles Actuarial Review: Political Subdivision Plans’ Funded Status Increased in FY2022The overall funded status of the 598 VRS-participating political subdivisions remains strong, according to 2022 informational...Learn More Here’s a Quick Review of Online RetirementEmployees who are preparing to retire may have questions about online retirement, a convenient service available to many member...Learn More Countdown Underway for Hybrid Plan Auto-EscalationHybrid Retirement Plan auto-escalation will take place in January 2023, effective with the first payroll that month. Automatic...Learn More December 2022 Articles Announcements December 2022 VRS honored for excellence in financial reporting: The Virginia Retirement System has received awards for its Annual Comprehen... Your Turn to Ask December 2022 What types of pay should be excluded from creditable compensation reported to VRS? Here’s a Quick Review of Online Retirement December 2022 Employees who are preparing to retire may have questions about online retirement, a convenient service available to many member... Actuarial Review: Political Subdivision Plans’ Funded Status Increased in FY2022 December 2022 The overall funded status of the 598 VRS-participating political subdivisions remains strong, according to 2022 informational... LODA Fund Premiums Set to Increase in FY 2024 December 2022 At its November meeting, the VRS Board of Trustees approved an increase to the premium for the Line of Duty Death and Health... Countdown Underway for Hybrid Plan Auto-Escalation December 2022 Hybrid Retirement Plan auto-escalation will take place in January 2023, effective with the first payroll that month. Automatic... Employees Leaving VLDP- or VSDP-Covered Positions Can Continue Long Term Care Coverage at Group Rates December 2022 About 70% of those turning age 65 today will need some type of long-term care, according to the U.S. Department of Health and H... Streamline Employee Orientation With the VRS Member Guide December 2022 Looking for the best way to bring employees up to speed on VRS? The VRS Member Guide is one of our most-requested member public... IRS Increases Deferred Compensation Contribution Limits for 2023 December 2022 The Internal Revenue Service announced that the dollar amounts participants may contribute to tax-deferred savings plans, such ... Certified Financial Planning Services Available for Members and Retirees December 2022 VRS members have access to Certified Financial Planning services provided through MissionSquare Retirement, the third-party rec... Announcements Financial Reporting Employer Training Member Education Forms Your Turn to Ask
Navigator
