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  1. Employer Update
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  3. Group Life Insurance

Employer Update

Category: Group Life Insurance

Decorative. A family of four embraces and smiles for the camera, posing in a park like setting.

Enhancements Coming to VRS Optional Group Life Insurance Program

December 2025

The guaranteed issue period for new employees is extended from 30 to 45 days after their date of hire.

Decorative. A female torso in professional dress holds two loose leaf binders in the left hand. Labels on the spines of the binders read State and OPEB. A tiled wall is in the background.

Board Certifies FY 2027-2028 Rates for Statewide Plans and OPEBs

November 2025

The funded status of the statewide plans increased, and investment gains will help stabilize rates employers pay.

Decorative. A young woman sitting at a table near a large window in a cafe. She is looking at her laptop computer screen and writing in a small notebook. Outside the window are cars parked near the curb and buildings on a city street.

Benefit Scout Streamlines Process of Choosing Optional Life Coverage

July 2025

Benefit Scout in myVRS offers personalized guidance for choosing optional life coverage and exploring rates and options.

A retired couple smiling while looking at the screens of a laptop computer and a handheld tablet.

VRS Announces Cost-of-Living Adjustments, Effective July 1

March 2025

COLAs take effect July 1 for retirement benefits, VSDP and VLDP. The group life minimum and hazardous supplement also increase.

text saying Legislative Changes with a simplified graphic of the Virginia Capitol building to the right.

Changes in Store for FY 2025 - What You Need to Know

June 2024

A new fiscal year brings new legislation, changes in retiree COLAs and important updates to VRS resources and websites.

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Maximum Optional Life Insurance Benefit Increasing

May 2024

The new maximum coverage amounts will increase July 1 for active members, spouses and retirees.

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Richmond VA 23230

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