December 2023 Featured Articles

A shape with text saying Defined Benefit and a shape with text saying Defined Contribution are divided from each other by text saying July 2024.

Ready for Hybrid Rate Separation? Take These Steps Now

Now is the time to update payroll systems, budget for defined contribution payments and address reconciliation issues.

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VRS Changes Encrypted Email Service Provider

Starting December 12, VRS will begin using Proofpoint Secure Mail for securely submitting forms and related documents.

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text reading contribution rates next to a photo of a woman's torso who is holding two binders. The spines of the binders read Local and LODA.

VRS Sets Rates for Localities, VLDP and Line of Duty Act

Overall, the defined benefit rate will increase less than 1% for most political subdivision employers based on 2023 valuations.

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New Resource Will Help You Navigate DCP Record Keeper Transition

Bookmark the new transition website to keep track of key dates and other need-to-know items.

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December 2023 Articles

On the left, a teacher points to her white board which flows into text on the right which reads News to Know.

Announcements

December 2023

Top Rankings for VRS; Defined Contribution Plans Corrections; Employer Training; myVRS Account Management

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Your Turn to Ask

December 2023

Are local elected officials reported for benefits?

text reading contribution rates next to a photo of a woman's torso who is holding two binders. The spines of the binders read Local and LODA.

VRS Sets Rates for Localities, VLDP and Line of Duty Act

December 2023

Overall, the defined benefit rate will increase less than 1% for most political subdivision employers based on 2023 valuations.

photo of a hand placing money into a piggy bank next to text reading contribution deadline.

Don’t Wait: Alert Hybrid Plan Members of December 15 Voluntary Contribution Deadline

December 2023

Hybrid plan members can contribute up to 4% each month and receive an employer match.

a pair of hands holding two eggs that have retiement and nest eg written on them next to text which reading contribution limits

IRS Sets 2024 Contribution Limits

December 2023

The IRS increased limits for how much participants can contribute to tax-deferred savings plans for tax year 2024.

A shape with text saying Defined Benefit and a shape with text saying Defined Contribution are divided from each other by text saying July 2024.

Ready for Hybrid Rate Separation? Take These Steps Now

December 2023

Now is the time to update payroll systems, budget for defined contribution payments and address reconciliation issues.

the VOYA logo next to text saying transition

New Resource Will Help You Navigate DCP Record Keeper Transition

December 2023

Bookmark the new transition website to keep track of key dates and other need-to-know items.

text reading email encryption

VRS Changes Encrypted Email Service Provider

December 2023

Starting December 12, VRS will begin using Proofpoint Secure Mail for securely submitting forms and related documents.

a pair of hands passing two wrapped gifts to another pair of hands

As Holidays Approach, Pass Along These Smart-Money Tips

December 2023

Remind your employees of the tips they’ll find in myVRS Financial Wellness to carry them through the holiday season.

An image with a photo of a man working on his laptop on the left side and a screen capture of the paycheck calculator website page on the right side.

Paycheck Calculator Helps Employees Visualize Their Savings

December 2023

Our interactive member paycheck calculator puts employees in control when it comes to determining how much they want to save.

Announcements
Financial Reporting
Employer Training
Member Education
Forms
Your Turn to Ask
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