Employer Update

VRS in 2021: Watch the highlights . Also, check out the 2021 VRS Annual Comprehensive Financial Reportand Popular Annual Financial Report.

Members now make beneficiary designations in myVRS: Members now use myVRS to name and update beneficiaries for their defined benefit member account and group life insurance, as well as optional group life insurance if the additional coverage is elected. Hybrid Retirement Plan members and participants in the Commonwealth of Virginia 457 Deferred Compensation Plan also should log in to AccountAccess to name and update beneficiary information for defined contribution accounts. With beneficiary designation moving online, the forms are no longer available on the VRS website.

Virtual counseling made easy: Members with questions about retirement or their VRS benefits may now schedule virtual counseling appointments online.

Order a VRS Member Guide today: The VRS Member Guideis an easy-reference booklet that supplements member handbooks and applies to all VRS plans, new VRS members and current members who are moving to a new job or employer. Order print copies to distribute to covered employees as you onboard new hires and hold orientation sessions.

Are you new to administering VRS benefits? Let us know so our employer representative team can introduce themselves to you and point you to resources and training opportunities.

Watch: VRS investment team members talk about how they manage our portfolio with an eye towards long-term returns. Watch VRS Investments, Episode 1: Our Focus .

Employer roundtables resume virtually this month: Political subdivision employers should look for email invites from VRS Employer Representatives. School division roundtables will start again soon.