Category: Contributions Announcements February 2024 Watch VRS’ 2023 highlights; General Assembly convenes; IRS announces contribution limits; DCP record keeper transition reminder. Your VRS Pension Unpacked August 2023 See the three sources that will fund your monthly defined benefit payment in retirement. IRS Increases Deferred Compensation Contribution Limits February 2023 The annual deferral limit for 457 plans for participants younger than age 50 has increased to $22,500.