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  1. Employer Update
  2. Categories
  3. Group Life Insurance

Employer Update

Category: Group Life Insurance

A retired couple smiling while looking at the screens of a laptop computer and a handheld tablet.

VRS Announces Cost-of-Living Adjustments, Effective July 1

March 2025

COLAs take effect July 1 for retirement benefits, VSDP and VLDP. The group life minimum and hazardous supplement also increase.

text saying Legislative Changes with a simplified graphic of the Virginia Capitol building to the right.

Changes in Store for FY 2025 - What You Need to Know

June 2024

A new fiscal year brings new legislation, changes in retiree COLAs and important updates to VRS resources and websites.

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Maximum Optional Life Insurance Benefit Increasing

May 2024

The new maximum coverage amounts will increase July 1 for active members, spouses and retirees.

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myVRS Makes It Simple to Manage Benefits Online

November 2023

Clicking “submit” is quicker than scrounging for an envelope and a stamp. That’s the convenience of using myVRS.

text reading FY2024 with fireworks inside the numerals

FY 2024 Kicks Off With Changes – What You Need to Know

July 2023

A new fiscal year brings new legislation, changes in retiree COLAs and important updates to VRS resources and websites.

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Employees Can Protect Loved Ones Now by Naming Beneficiaries

June 2023

myVRS makes it easy for employees to update beneficiary information for their pension and group life insurance.

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Optional Life Insurance Rates Decrease July 1 for Certain Ages

June 2023

The Optional Group Life Insurance Program will see an overall rate reduction of 5% effective July 1.

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