Category: Hybrid Retirement Plan

A line drawing of an envelope with the at sign on it indicating email and a padlock over that indicating security. To the left of the drawing is text which reads send info securely with one click.

Are You Prepared for Hybrid Plan Auto-Escalation?

October 2022

The next Hybrid Retirement Plan auto-escalation will take place in January 2023, effective with the first payroll that month...

A line drawing of an envelope with the at sign on it indicating email and a padlock over that indicating security. To the left of the drawing is text which reads send info securely with one click.

Auto-Escalation 2023: Opt-Out Period Begins September 16 for Hybrid Retirement Plan Members

September 2022

The next Hybrid Retirement Plan auto-escalation will take place in January 2023, effective with the first payroll that month...

An image of a man wearing headphones, sunglasses and a hat at the beach. He is adjusting the sunglasses with his left hand.

Tune Members to the Hybrid Learning Channel

August 2022

While streaming their favorite summer shows, employees could also spend some time...

A line drawing of an envelope with the at sign on it indicating email and a padlock over that indicating security. To the left of the drawing is text which reads send info securely with one click.

Mark Your Calendar: Hybrid Plan Auto-Escalation Dates

August 2022

The next Hybrid Retirement Plan auto-escalation will take place in January 2023, effective with the first payroll that month...

Image of files being transferred, setup a batch file to make auto-escalation processing easier

Set Up a Batch File to Make Auto-Escalation Processing Easier

July 2022

Submitting contributions for VRS defined contribution plans does not have to be time-consuming, manual process. Switch to a...

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

Announcements

July 2022

Beneficiary designation form no longer available on the VRS website: Members now use myVRS to name and update beneficiaries for...

Car going up an escalator with text saying Hybrid Auto-Escalation is Coming Soon.

What You Need to Know About Hybrid Plan Auto-Escalation 2023

June 2022

The auto-escalation date for Hybrid Retirement Plan members is approaching, which means your employees may have questions about...

Savings jar filled with coins with text saying Hybrid Members Can Boost Savings to 4%.

June 15: Next Opportunity for Hybrid Plan Members to Boost Savings

June 2022

Hybrid Retirement Plan members may contribute up to 4% of their creditable compensation each month to the defined contribution...

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...