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Which New Laws Affect VRS?

Our legislative summary covers the 2024 laws enacted that affect VRS-administered plans and benefits.

May 2024
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Featured

Countdown to Hybrid Rate Separation: Are You on Track?

After July 1, you will no longer reconcile the defined contributions for hybrid plan members with your monthly VRS snapshot.

May 2024
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Featured

How to Ensure You’re Fully Prepared for Hybrid Rate Separation

Monthly snapshots will change, so make sure you consider any impacts on your internal processing.

April 2024
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Featured

Health Insurance Credit Increases for Some Retirees on July 1

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

March 2024
A laptop computer on a desk showing the snapshot comparison spreadsheet on the screen, a ceramic cup of coffee and text reading snapshot before and after
Featured

What Will Your Snapshots Look Like After Hybrid Rate Separation?

Starting this month, VRS will provide Snapshot Comparison reports previewing how your snapshot will look after rate separation.

March 2024
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Announcements

Track Legislation; Download Rate Letters and Valuations; Register for Training; HIC Forms Updated; GASB Reports Available

March 2024
Two halves of an oval labeled Defined Benefit and Defined Contribution are split down a jagged seam by text that reads July 2024.
Featured

Snapshot Comparison Tool Will Help You Prepare for Rate Separation

Use these new reports to help visualize how your snapshot will look after hybrid plan rate separation takes place July 1.

February 2024
A photograph of the capitol building and legislative chambers of the Commonwealth of Virginia, USA, designed by Thomas Jefferson.

Track All VRS-Related Legislation

Monitor our legislation tracker for bills that affect VRS benefits, policies and procedures.

February 2024
Two halves of an oval labeled Defined Benefit and Defined Contribution are split down a jagged seam by text that reads July 2024.
Featured

Use These Resources to Help Prepare for Hybrid Rate Separation

Get answers to your questions about hybrid rate separation and download a spreadsheet of payroll examples.

January 2024