VRS Logo Wednesday, July 18, 2018

About VRS Plan 2

VRS Plan 2 is a defined benefit plan. Under this plan, the retirement benefit is based on age, service credit and average final compensation at retirement using a formula. View list of participating employers .

State Employees, Teachers and General Political Subdivision Employees

Member:

  • Is a state employee, school division employee or a general employee of a participating political subdivision.
  • Was hired or rehired before July 1, 2010, and does not have at least five years of service credit, as of January 1, 2013.
  • Was hired or rehired from July 1, 2010, to December 31, 2013.
  • Has not taken a refund.

Political Subdivision Employees Eligible for Enhanced Hazardous Duty Coverage

Member:

  • Is a full-time salaried, sworn sheriff, full-time salaried, sworn deputy sheriff, jail superintendent or sworn officer of a regional jail, or a full-time salaried, sworn local law enforcement officer, firefighter or emergency medical technician whose employer has elected enhanced hazardous duty coverage.
  • Was hired or rehired on or after July 1, 2010; or
  • Was hired or rehired before July 1, 2010, and does not have at least five years of service credit, as of January 1, 2013.
  • Has not taken a refund.

State Police Officers' Retirement System (SPORS)

Member:

  • Is a state police officer.
  • Was hired or rehired on or after July 1, 2010; or
  • Was hired or rehired before July 1, 2010, and does not have at least five years of service credit, as of January 1, 2013.
  • Has not taken a refund.

Virginia Law Officers' Retirement System (VaLORS)

Member:

  • Is a capitol police officer, campus police officer, conservation police officer, ABC special agent, marine resources officer, state correctional officer, state juvenile correctional officer, state parole officer or commercial vehicle enforcement officer employed by the Virginia Department of State Police.
  • Was hired or rehired on or after July 1, 2010; or
  • Was hired or rehired before July 1, 2010, and does not have at least five years of service credit, as of January 1, 2013.
  • Has not taken a refund.

Judicial Retirement System (JRS)

Member:

  • Has been appointed or elected as a judge or a commissioner of the State Corporation Commission or the Virginia Workers' Compensation Commission.
  • Was appointed or elected to an original term before July 1, 2010.
  • Does not have at least five years of service credit as of January 1, 2013, and was appointed or elected to an original term before January 1, 2014.
  • Has not taken a refund.
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