VRS Employer Update Categories | Hybrid Retirement Plan

Category: Hybrid Retirement Plan

Over the next two years, VRS defined contribution plans will improve services for members and streamline employer workflows.

Does a Hybrid Retirement Plan member need to re-elect voluntary contributions when hired by another VRS-participating employer?

VRS offers resources and tools to help members learn more about their retirement benefits and savings options.

Changes coming to defined contribution will improve services for members and streamline administration for employers.

What should I know about coming changes to how Hybrid Retirement Plan contributions are calculated and paid?

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.