Information central to help you administer VRS benefits.
Resources and links to assist with GASB and other financial reporting related to VRS-administered benefit plans, including fiscal year-end reminders.
Help members understand their VRS retirement plan provisions.
Help members understand their VRS retirement member benefits.
All forms are fillable and ready for download and printing. VRS accepts all forms by mail or fax. Fax to: 804-786-9718.
Information organized by category, including newsletters, plan handbooks and other publications.
Reviewing deferral change reports each month is a key step in keeping retirement contributions on track.
Use the DCP Resource Center for VRS Employers and Voya’s Plan Administration Resources to guide your work.
Employees who made $150,000 or more last year will make age-based catch-up contributions as after-tax (Roth) contributions.
Section 603 requires Roth catch-up for earnings making $145,000 or more. Voya offers resources to help employers monitor.
Support employee savings by promoting tools and tips that turn raises into long-term retirement growth.
Employers will need to manage age-based catch-up contributions differently for high-earning employees under Secure 2.0.
Timely submission and posting of payroll contributions is a top priority as Voya moves forward as the new DCP record keeper.
Monthly Contributions to Hybrid Retirement Plan; Track Legislation; Administering Benefits; Streamline Orientation
Submitting contributions in a timely manner ensures that funds are invested for the member’s benefit.
