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  1. Employer Update
  2. Categories
  3. Health Insurance Credit

Employer Update

Category: Health Insurance Credit

Decorative. On the right, three loose leaf binders are stacked on a table. Labels on their spines read political subdivisions, VLDP and LODA. in the bckground, on the right, a person in professional dress sits on the opposite side of the table, working on some papers.

VRS Sets Rates for Political Subdivisions, VLDP and Line of Duty Act

December 2025

The average defined benefit rate paid by political subdivision employers will decrease slightly in FY 2026-2027.

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.

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.

On the left, a teacher points to her white board which flows into text on the right which reads News to Know.

Announcements

April 2024

VRS Training; Health Insurance Forms Updated; COLA Increases; Health Insurance Credit Increases

a woman in a hospital bed and a man standing next to her smile broadly at a woman in front of them.

Health Insurance Credit Increases for Some Retirees on July 1

March 2024

Recent legislation boosts the health insurance credit for retired constitutional officers, their employees and state employees.

text reading contribution rates next to a photo of a woman's torso who is holding two binders. The spines of the binders read Local and LODA.

VRS Sets Rates for Localities, VLDP and Line of Duty Act

December 2023

Overall, the defined benefit rate will increase less than 1% for most political subdivision employers based on 2023 valuations.

Text which reads manage benefits in my VRS with a portrait of a friendly woman in professional dress

myVRS Makes It Simple to Manage Benefits Online

November 2023

Clicking “submit” is quicker than scrounging for an envelope and a stamp. That’s the convenience of using myVRS.

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Customer Contact Center

Monday to Friday, 8:30 a.m. to 5 p.m.

888-827-3847

In-person Counseling

Tuesday and Wednesday, 8:30 a.m. to 4 p.m.

6641 W Broad St., Suite G106
Richmond VA 23230

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