Employer Update

Beneficiary designation form no longer available on the VRS website: 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 update beneficiary information for defined contribution accounts.

Online management of optional group life insurance coverage coming soon: VRS members eligible for the optional group life insurance program offered through Securian Financial will have access to manage the benefit online via myVRS in early 2022. Members will gain the ability to purchase, modify (increase/decrease) or cancel coverage by logging in to myVRS. Later in the spring, retirees will have similar online access to reduce or cancel coverage. Watch for more details coming soon.

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.