Category: Savings

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How Hybrid Retirement Plan Members Can Step Into Bigger Savings

February 2024

SmartStep hybrid plan members save more for retirement with automatic, annual increases to their voluntary contributions.

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As Holidays Approach, Pass Along These Smart-Money Tips

December 2023

Remind your employees of the tips they’ll find in myVRS Financial Wellness to carry them through the holiday season.

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Don’t Wait: Alert Hybrid Plan Members of December 15 Voluntary Contribution Deadline

December 2023

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

a group of office workers with a logo saying October is national retirement security month sponsored by NAGDCA the voice of public plan sponsors

Empower Employees for Retirement Success

October 2023

During National Retirement Security Month reengage with employees about their future. Are they on track with their savings goals?

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Five Ways Employees Can Build a More Secure Future

September 2023

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

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How to Boost Retirement Income? Encourage Employees to Save the Raise

July 2023

Many employees will see a bump in pay this summer. Saving part of their raises now can mean having more cash in retirement.

A collage of squares of colors intermixed with pictures of people riding scooters in a park. Over this is a large graphic arrow pointing to the right. On the far right is an image of a hand placing a roll of $20 bills into a jar with a lid indicating increasing savings.

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.

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Financial Confidence Improves Employee Productivity

February 2023

Financial stress affects employee productivity. This America Saves Week help build employees’ financial confidence.

An image of two hands each with dollar signs hovering over them. To the right of the hands is a large plus sign followed by a symbol of a graph showing growth. Finally, on the left is an equals sign. To the right of the equals sign is text which reads auto-escalation 2023.

Hybrid Plan Auto-Escalation Contribution Reporting Tips

January 2023

Hybrid Retirement Plan auto-escalation went into effect January 1, boosting members’ voluntary contributions by 0.5%, except fo...