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.
Section 603 requires Roth catch-up for earnings making $145,000 or more. Voya offers resources to help employers monitor.
I have several late-career employees looking to fill gaps in their retirement savings. What catch-up options are available?
Monthly Contributions to Hybrid Retirement Plan; Look Back at 2024; IRS Contribution Limits
Boosting retirement savings toward the end of their careers comes with tax benefits for employees.
The annual limit applies to hybrid voluntary contributions, other 457 plans and after-tax and pretax Roth contributions.
2024 General Assembly Session; DCP Record Keeper Transition; IRS Contribution Limits; Employer Training
The IRS increased limits for how much participants can contribute to tax-deferred savings plans for tax year 2024.
Avoid errors and ensure your payroll procedures follow IRS requirements.