Varetirement.org

VRS Health Insurance Credit

WebIf you retire with at least 15 years of creditable service, you may be eligible for the health insurance credit. This is a tax-free benefit that assists with health insurance premiums …

Actived: 3 days ago

URL: https://www.varetirement.org/hybrid/benefits/health-insurance-credit.html

VRS Getting Ready to Retire

WebVirtual counseling appointments (video or audio) available Monday to Friday; in-person appointments available Tuesday and Wednesday at 1111 East Main Street, Richmond, …

Category: Health Go Health

VRS Death-in-Service

WebDeath-in-Service. Under the defined benefit component of the Hybrid Retirement Plan, a death-in-service benefit is a payment of any member contributions and interest in their …

Category: Health Go Health

VRS Long-Term Care

WebThe VSDP Long-Term Care Plan covers nursing home care, hospice care, assisted living care, community-based care and at-home care, among other services. Your caregiver …

Category: Health Go Health

VRS Plan Provisions

WebPlan Provisions. Defined benefit vesting is the minimum length of service members need to qualify for a future retirement benefit. Members are vested under the defined benefit …

Category: Health Go Health

VRS Virginia Local Disability Program (VLDP)

WebAlight Support. Alight serves as VRS’ third-party administrator for managed care disability claims. For assistance with claims administration or Alight’s LeavePro self-service portal, …

Category: Health Go Health

VRS Types and Purchase Amounts of Prior Service

WebThe purchase cost is based on the refund amount, plus interest compounded annually from the date of the refund to the date you buy back the service. The interest rate is 6.75%, …

Category: Health Go Health

VRS Purchase of Prior Service

WebPurchasing prior service counts toward vesting in the defined benefit component and eligibility for retirement and the health insurance credit. To purchase prior service, you …

Category: Health Go Health

VRS Publications

WebProvides a brief overview of the Hybrid Retirement Plan, including member resources and FAQs. These instructions provide information about beneficiary designations for the VRS …

Category: Health Go Health

VRS Group Life Insurance

WebMembers of the Hybrid Retirement Plan have group life insurance coverage through the VRS Group Life Insurance Program if their employer provides this program.

Category: Health Go Health