Category: Defined Contribution Plan

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Counseling Tips for Employees Leaving VRS-Covered Jobs

May 2024

Make sure employees know how certain choices will affect future VRS benefits.

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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.

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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.

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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.

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Announcements

December 2023

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

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Announcements

November 2023

Line of Duty Act Training; Defined Contribution Plans Corrections; Employer Training

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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.

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Important Reminder: Correction Policies Revised for Some Defined Contribution Plans

October 2023

Avoid errors and ensure your payroll procedures follow IRS requirements.

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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.