Transcription of Hybrid Retirement Plan
{{id}} {{{paragraph}}}
Helping you plan for tomorrow, todayHybrid Retirement PlanHandbook for MembersYou are covered under the VRS Hybrid Retirement Plan if your membership date is on or after January 1, 2014, and you are: A general state employee. A teacher or other professional employee of a local public school division. A general employee of a VRS-participating political subdivision (city, county, town, authority, commission) or non-professional employee of a public school division. A local law enforcement officer, firefighter or emergency medical technician whose employer does not provide enhanced hazardous duty benefits. An employee who elected the Hybrid Retirement Plan instead of an optional Retirement plan (ORP) authorized or administered by VRS. A justice or judge of a court of record of the Commonwealth of Virginia, judge of a district court of the Commonwealth of Virginia other than a substitute judge, or a commissioner of the State Corporation Commission of the Virginia Workers Compensation Commission if you were appointed or elected to an original term on or after January 1, 2014.
only saving for retirement but also staying on track toward your retirement income target by increasing the amount you save over your active career. As a member of VRS, you also have other benefit coverage to protect you and your loved ones, which may include: • Life insurance. • Disability coverage. • Long-term care benefits.
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}