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Online Retirement and myVRS Member Features

Online retirement is available to many VRS members. This major milestone in member service has benefited from employer perspectives and ideas shared … See more

Actived: 5 days ago

URL: https://employers.varetire.org/news-and-insights/online-retirement-updates/

Virginia Sickness & Disability Program Virginia Retirement System

WebVSDP Long-Term Care Plan Services. Covered services include nursing home care, hospice care, assisted living care, community-based care and at-home care, among …

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Financial Wellness Toolkit for myVRS Virginia Retirement System

WebThe nationally recognized myVRS Financial Wellness program aims to help VRS members make informed and educated decisions on everyday financial matters while saving for …

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Education & Training Virginia Retirement System

WebOverview Series courses provide a high-level introduction to VRS benefits and systems topics. Overview training is a great way for new employers to get started or for …

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Optional Group Life Insurance Virginia Retirement System

WebMember's Insurance Amount: 1x, 2x, 3x, 4x, 5x, 6x, 7x or 8x member's credible compensation: Maximum: $800,000 Spouse Insurance Amount: ½x, 1x, 1½x, 2x …

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Home Virginia Retirement System

WebEngage employees in retirement planning and financial wellness. Read the latest issue of Employer Update, curated content for VRS employers. As a VRS employer, you're …

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VRS Guidelines and Resources: OPEB 2023

Web2023 Audit Opinions & Disclosure Guidance. To assist employers with financial reporting, VRS is providing GASB schedules and corresponding opinions issued by the state …

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Forms Virginia Retirement System

WebForms. All forms are fillable and ready for download and printing. VRS accepts all forms by mail, fax or Proofpoint secure email. Fax to: 804-786-9718. If on deadline when faxing a …

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Home Back Forward Death Benefits

WebP.O. Box 1000; Richmond, VA 23218-1000 804-662-6200. The employer provides the beneficiary with information regarding the various options for receiving death-in-service …

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Sample Note Disclosures: State Health Insurance Credit (HIC) …

WebSTATE EMPLOYEE HEALTH INSURANCE CREDIT PROGRAM (HIC) PLAN PROVISIONS Eligible Employees The State Employee Retiree Health Insurance Credit …

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Contribution Rates Virginia Retirement System

WebThe tables below include employer contribution rates for VRS retirement plans and other post-employment benefits by fiscal year. Certified by the VRS Board of Trustees, …

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Employer Manual Purchase of Prior Service Credit

WebThe cost to purchase service is $141.54 per month. The employee could buy some or all of it via lump sum but would prefer to make the purchase through an agreement instead. …

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Service Retirement Checklist

WebUse this checklist to help counsel employees about service retirement. For more information about each plan, see the VRS Plan 1 page, the VRS Plan 2 page or the Hybrid …

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VIRGINIA RETIREMENT SYSTEM STATE HEALTH INSURANCE …

WebVirginia Retirement System VRS State Health Insurance Credit Plan Notes to GASB No. 75 Schedules For the Plan Year Ended June 30, 2020 Note 1. Summary of Significant …

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VRS Employer Manual Back VSDP Benefits

WebVRS EMPLOYER MANUAL 3 JULY 2023 MCI is the third-party administrator for the State Employees’ Workers’ Compensation Program. MCI works in partnership with Alight and …

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Employer Manual Disability Retirement

WebThe disability retirement date is the first of the month following the last month in which creditable compensation is reported for the member. If the employee is on leave without …

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CHECKLIST FOR EMPLOYERS

WebUse this checklist to counsel state employees who are involuntarily separated from employment and eligible to retire under the Workforce Transition Act (WTA). Plan 1 …

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Analysis of Health Insurance Credit Contributions and …

WebCalculation of Proportionate Share of Total FY 2021 Employer Health Insurance Employer Employer Difference Contributions Agency Creditable Contribution Contributions …

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Report on the Actuarial Valuation of Other Post-Employment …

WebApril 5, 2022 The Board of Trustees Virginia Retirement System 1200 E. Main Street Richmond, VA 23219 Dear Trustees: We are pleased to submit the results of the annual …

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