Category: Defined Contribution Plan Retiring or Separating Employees May Keep Money With VRS February 2024 As employees retire or leave their jobs, it's important for them to make well-informed decisions about their future savings. Use These Resources to Help Prepare for Hybrid Rate Separation January 2024 Get answers to your questions about hybrid rate separation and download a spreadsheet of payroll examples. 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. Announcements December 2023 Top Rankings for VRS; Defined Contribution Plans Corrections; Employer Training; myVRS Account Management Announcements November 2023 Line of Duty Act Training; Defined Contribution Plans Corrections; Employer Training Key Steps to Prepare for Hybrid Plan Rate Separation November 2023 Act now to make sure your budgeting, payroll and reporting processes are ready for rate separation. Important Reminder: Correction Policies Revised for Some Defined Contribution Plans October 2023 Avoid errors and ensure your payroll procedures follow IRS requirements. Stay on Top of Changes Coming to Defined Contribution Plans October 2023 Over the next two years, VRS defined contribution plans will improve services for members and streamline employer workflows. Correction Policies Changing for Some Defined Contribution Plans September 2023 Accurate employer reporting is essential to ensuring contributions are invested timely and according to IRS requirements. 1 2 3 > >>
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