Category: COLA

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.

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

Announcements

May 2024

Download GASB Reports; VRS Training; COLA and Health Insurance Credit Increases.

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

Announcements

April 2024

VRS Training; Health Insurance Forms Updated; COLA Increases; Health Insurance Credit Increases

a pair of hands holding cash and a pen. A calendar book, calculator and other papers are in front of them on a tabletop.

COLA Increase Takes Effect July 1 for Eligible Retirees

March 2024

Eligible retirees will see the cost-of-living adjustment in their August 1 benefit payment.

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.

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

Announcements

April 2023

Password requirements are being strengthened for myVRS Navigator and new COLAs take effect this summer.

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

COLA Increases Take Effect July 1 for Eligible Retirees

March 2023

2024 cost of living adjustments for retirees are the maximum allowed under state law.

Image of a stopwatch for reminders

Cost-of-Living Adjustments Take Effect July 1 for Eligible Recipients

April 2022

The following cost-of-living adjustments (COLAs) for fiscal year 2023 take effect July 1 for eligible retirees in Plan 1, Plan...

Image of a stopwatch for reminders

Cost-of-Living Adjustments Take Effect July 1 for Eligible Recipients

March 2022

The following cost-of-living adjustments (COLAs) for fiscal year 2023 take effect July 1 for eligible retirees in Plan 1, Plan...