Category: Voluntary Contributions

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Your Turn to Ask

October 2023

Does a Hybrid Retirement Plan member need to re-elect voluntary contributions when hired by another VRS-participating employer?

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Five Ways Employees Can Build a More Secure Future

September 2023

VRS offers resources and tools to help members learn more about their retirement benefits and savings options.

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New Resource Will Help You Navigate Changes to Hybrid Plan Administration

July 2023

A new resource will walk you through changes in how employer contributions will be calculated and paid for the hybrid plan.

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Prepare for Important Changes in Hybrid Plan Administration

June 2023

VRS will simplify how employer contributions are calculated and paid for the Hybrid Retirement Plan.

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March 15 is Next Deadline for Hybrid Plan Members to Save More

March 2023

Hybrid plan members can contribute up to 4% each month and receive an employer match.

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Fast Facts About Hybrid Plan Auto-Escalation

February 2023

While auto-escalation is built into the Hybrid Retirement Plan, members who took active control save more over time.

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Hybrid Plan Auto-Escalation Contribution Reporting Tips

January 2023

Hybrid Retirement Plan auto-escalation went into effect January 1, boosting members’ voluntary contributions by 0.5%, except fo...