Category: Retirees Health Insurance Credit Increases for Some Retirees on July 1 March 2024 Recent legislation boosts the health insurance credit for retired constitutional officers, their employees and state employees. COLA Increase Takes Effect July 1 for Eligible Retirees March 2024 Eligible retirees will see the cost-of-living adjustment in their August 1 benefit payment. Hiring a VRS Retiree? Avoid Costly Mistakes August 2023 Know the rules for hiring VRS retirees to avoid benefit overpayments and ensure retirees understand impacts on their benefits. Planning Ahead for SECURE 2.0 July 2023 VRS is reviewing how new federal legislation may affect payroll processes, business rules and overall plan administration. Announcements June 2023 Learn more about account security changes, training opportunities and DCP counseling for retired or separated employees. Rules Change July 1 for Hiring Retirees in Certain School Positions May 2023 Break-in-service reduces to six months for retirees returning in critical shortage jobs or as school security officers. Secure 2.0 Act Brings Changes to Retirement Plan Administration April 2023 One big change under the Secure Act 2.0 is an increase in the required minimum distribution age from 72 to 73. COLA Increases Take Effect July 1 for Eligible Retirees March 2023 2024 cost of living adjustments for retirees are the maximum allowed under state law. Your Turn to Ask January 2023 What options are available to me when hiring a VRS retiree? 1 2 > >>