A defined benefit plan where the benefit is based on the member’s age, creditable service and average final compensation at retirement using a formula. Members are in VRS Plan 1 if their membership date is before July 1, 2010, and they were vested as of January 1, 2013.
A defined benefit plan where the benefit is based on the member’s age, creditable service and average final compensation at retirement using a formula. Members are in VRS Plan 2 if their membership date is from July 1, 2010, to December 31, 2013, or their membership date is before July 1, 2010, and they were not vested as of January 1, 2013.
Combines the features of a defined benefit plan and a defined contribution plan. The plan applies to most members whose membership date is on or after January 1, 2014, and to VRS Plan 1 and VRS Plan 2 members who were eligible to opt into the plan during the special election window in 2014.
Visit these sites for details on how defined contribution plans help members realize their retirement goals.
Information about the monthly benefit payout options available to members when applying for retirement.
Information on the death-in-service benefit and how employers can assist beneficiaries.
Information on disability retirement and short- and long-term disability programs.
Information on life insurance and guidance in the event of a member’s death.
Information about the Line of Duty Act (LODA) program.
Information about long-term-care programs available to VRS members.
Information on the benefits available when a VRS member is called to active military duty.
Information on the provisions for purchasing prior service, how members can initiate a purchase and PPS employer tools in myVRS Navigator.
Information on VRS-administered severance benefits when eligible employees are involuntarily separated from covered employment.
Have questions about VRS benefits? Contact the Employer Support Team.Contact VRS