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Faculty and Staff in Virginia Retirement System Hybrid Plan: Auto-Escalation of Member Contributions Takes Effect in January

Beginning January 1, 2017, the Virginia Retirement System (VRS) Hybrid Plan’s auto-escalation feature goes into effect.  This feature is designed to help you save more for your retirement by slightly increasing the amount that contribute from each paycheck to your retirement savings. Who is affected? VRS Hybrid Plan Members hired on or before September 1, 2016 […]

2016 Virginia Retirement System Member Benefit Profiles Are Now Available for Plan 1 and Plan 2 Participants

Member Benefit Profiles are now available for Virginia Retirement System (VRS) participants in Plan 1 and Plan 2.  If your VRS membership date was on or before December 31, 2013, you are covered by one of these two plans unless you joined the VRS Hybrid Plan during the one-time opt-in period in April, 2014. The […]