Category: Voluntary Contributions

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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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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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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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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...

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Countdown Underway for Hybrid Plan Auto-Escalation

December 2022

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

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Your Turn to Ask

November 2022

When switching jobs between VRS-participating employers, do Hybrid Retirement Plan members need to re-elect their voluntary con...

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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...

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National Retirement Security Month: Focus Employees on Their Future

September 2022

Engage employees in a meaningful opportunity to revisit their retirement goals and decide if they’re on track for a secure...

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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...