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.
We offer a cash match to employees in our local 457 plan. Are Hybrid Retirement Plan members eligible to participate?
When switching jobs between VRS-participating employers, do hybrid plan members need to re-elect their voluntary contributions?
Voya Transition Meetings; Hybrid Retirement Plan Administration; Member Benefit Profiles; Reporting DCP Errors
Need help with new hybrid plan administration changes? Register for one of our upcoming virtual help sessions.
You now administer the defined contribution and defined benefit portions of the plan as separate and independent components.
Encourage employees to save to the match by maxing out their voluntary contributions.
A new fiscal year brings new legislation, changes in retiree COLAs and important updates to VRS resources and websites.
After July 1, you will no longer reconcile the defined contributions for hybrid plan members with your monthly VRS snapshot.
Monthly snapshots will change, so make sure you consider any impacts on your internal processing.
