Category: Hybrid Retirement Plan

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New Resource Will Help You Navigate Changes to Hybrid Plan Administration

July 2023

A new resource will walk you through changes in how employer contributions will be calculated and paid for the hybrid plan.

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Prepare for Important Changes in Hybrid Plan Administration

June 2023

VRS will simplify how employer contributions are calculated and paid for the Hybrid Retirement Plan.

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June 15 Is the Next Deadline for Employees to Boost Retirement Savings

June 2023

Encourage employees to save to the match by maxing out their voluntary contributions.

Two halves of an oval labeled Defined Benefit and Defined Contribution are split down a jagged seam by text that reads July 2024.

Your Chance to Learn More About Separation of Hybrid Plan Employer Rates

May 2023

Attend an info session about how separation of hybrid plan rates will impact your payroll process.

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Start Planning for Separation of Hybrid Plan Employer Rates in 2024

April 2023

VRS will simplify how Hybrid Retirement Plan contributions are calculated and paid, beginning July 1, 2024.

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March 15 is Next Deadline for Hybrid Plan Members to Save More

March 2023

Hybrid plan members can contribute up to 4% each month and receive an employer match.

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Your Turn to Ask

March 2023

Are rollovers allowed to the defined contribution component of the Hybrid Retirement Plan?

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How to Avoid Common Errors When Scheduling Payments for Defined Contribution Plans

February 2023

Submitting contributions in a timely manner ensures funds are invested for the member’s benefit.

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Fast Facts About Hybrid Plan Auto-Escalation

February 2023

While auto-escalation is built into the Hybrid Retirement Plan, members who took active control save more over time.