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Hybrid Retirement Plan

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.

Defined Contribution Component: VRS has contracted with MissionSquare Retirement as the third-party record keeper for the defined contribution component of the Hybrid Retirement Plan. MissionSquare Retirement’s services include education and counseling about your investment and distribution options.

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