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Virginia Retirement System

VRS logo

Full-time employees are eligible and automatically enrolled in the Virginia Retirement System (VRS) as a condition of employment.

Part-time employees are not eligible for VRS benefits.

All VRS members contribute 5% of their salary to the Virginia Retirement System. Your plan determines where that 5% goes:

  • Plan 1 and Plan 2 members contribute 5% to the VRS defined benefit (pension) plan.
  • Hybrid members contribute 4% of their salary to the defined benefit plan, and 1% of their salary goes to a defined contribution plan (retirement savings/investment fund).

Do you know your VRS retirement plan?

The three VRS retirement plans are Plan 1, Plan 2, and the Hybrid Retirement Plan. The VRS Plan Comparison Guide provides a look at some of the similarities and differences among the three plans. The Hybrid Retirement Plan will apply to most employees hired on or after January 1, 2014. The plan designation is based upon your VRS membership date. Returning inactive VRS members who have not taken a refund will return to the retirement plan they were enrolled in before their separation date. Returning inactive VRS members who have taken their VRS refund will be automatically enrolled in the Hybrid Plan.

Log in to MyVRS to access your VRS information, create VRS retirement estimates, update your beneficiaries, make address changes, and access the MyVRS Financial Wellness Platform

Life Insurance

  • Your VRS Plan includes basic Group Accidental Death and Dismemberment benefits at two times your annual salary, paid for by PWCS
  • Employees may elect to purchase Optional Life Insurance
  • Visit the PWCS Life Insurance page or the VRS Website for more information.

Beneficiaries

You can indicate your beneficiaries for the VRS Member Benefit account (pension) and life insurance by logging in to MyVRS and select the Manage My Benefits tab.

To indicate your beneficiaries for the Defined Contribution Plans (DCP) , you must log into your account with Voya through the DCP Account Access Portal.

It is essential to make sure you update your beneficiaries if you have life changes, such as marriage or divorce to assure your benefits are paid to the person(s) you wish.

If beneficiaries are not indicated, upon the death of the employee, the benefits will automatically go in order of precedence in the state of Virginia – spouse, child(ren), parents, siblings, estate.

Contacts

  • All VRS Plan Members

    Email:

    Do not send personal or confidential information, such as your Social Security number, by email. VRS will send only non-confidential replies.

    TDD: 804-289-5919

    Address:
    Mailing: PO Box 2500, Richmond, VA 23218-2500
    Administrative Offices: 1200 E Main St. in downtown Richmond
    Retirement Counseling Center: 1111 E Main St. in downtown Richmond
    Phone: 1-855-291-2285
  • For Hybrid Plan Members

    Create account: DCP Account Access

    Find a local Defined Contribution Plans Education Specialist

    Your local Voya Defined Contribution Plans Retirement Specialist is available to assist you with the Commonwealth of Virginia's Retirement Plans, understanding your investment options and managing contributions and managing and developing a strategy for your retirement.

    TDD: 800-579-5708

    Address:
    6641 West Broad St., Suite G-106, Richmond, VA 23230
    Phone: 1-877-327-5261