Information central to help you administer VRS benefits.
Resources and links to assist with GASB and other financial reporting related to VRS-administered benefit plans, including fiscal year-end reminders.
Help members understand their VRS retirement plan provisions.
Help members understand their VRS retirement member benefits.
Accurate employer reporting is essential to ensuring contributions are invested timely and according to IRS requirements.
IRS provides more time for plan sponsors to implement change in how 50+ Catch-Up contributions are processed.
VRS will temporarily pause the 50+ Catch-Up provision for all participants in the Commonwealth of Virginia 457 Plan in 2024.
Many employees will see a bump in pay this summer. Saving part of their raises now can mean having more cash in retirement.
A new resource will walk you through changes in how employer contributions will be calculated and paid for the hybrid plan.
VRS will simplify how employer contributions are calculated and paid for the Hybrid Retirement Plan.
Encourage employees to save to the match by maxing out their voluntary contributions.
Attend an info session about how separation of hybrid plan rates will impact your payroll process.
VRS will simplify how Hybrid Retirement Plan contributions are calculated and paid, beginning July 1, 2024.
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