Category: Retirees

Text on the left reading hiring VRS retirees. An older man, seated, working on the computer on the right.

Rules To Know Before Hiring VRS Retirees

August 2024

Follow best practices to avoid benefit overpayments and to ensure retirees know how returning to work impacts their benefits.

a woman in a hospital bed and a man standing next to her smile broadly at a woman in front of them.

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.

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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.

text saying avoid missteps and a photo of an older worker looking at a laptop

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.

A flat single-color graphic of the United States Capitol building dome is on the right with large text saying Secure 2 point oh act on the left.

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.

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Announcements

June 2023

Learn more about account security changes, training opportunities and DCP counseling for retired or separated employees.

A scroll with writing on it and quill pen next to text which reads return to work changes.

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.

A flat single-color graphic of the United States Capitol building dome is on the right with large text saying Secure 2 point oh act on the left.

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.

A retired couple smiling while looking at the screens of a laptop computer and a handheld tablet.

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.