Transcription of Getting Ready to Retire
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Getting Ready to Retire
Addendum effective April 1, 2019 1 Virginia Retirement System Getting Ready to Retire Guide Pages 18-19: The member now sends the Application for Retirement (VRS-5) directly to VRS; tax withholding and direct deposit information are now included in the VRS-5. Applying for Retirement Retirement Date and Monthly Benefit Payments Retirement is effective on the first of the month following a bona fide break in service of at least one full calendar month from your retirement date over a period you normally would work. To begin receiving your benefit payments in a timely manner, notify your employer and submit your application and all required forms and documents to VRS your employer at least 60 days, but not more than four months (120 days), before you want to Retire . Your application must include: Application for Service Retirement (VRS-5). Include acceptable evidence of your date of birth, such as a legible copy of your birth certificate.
• A local law enforcement officer, firefighter or emergency medical technician whose employer does not provide enhanced hazardous duty benefits or the hazardous duty alternate option. • An employee who elected the Hybrid Retirement Plan instead of an optional retirement plan (ORP) authorized or administered by VRS. About Your Retirement
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