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The original item was published from 12/6/2023 4:05:00 PM to 12/15/2023 4:05:01 PM.

News Flash

Team Norfolk Today

Posted on: November 16, 2023

[ARCHIVED] Quarterly Deadline for VRS Hybrid Retirement Plan Members

graphic for VRS deadline

Attention Virginia Retirement System Hybrid Retirement Plan members! In addition to your 5% mandatory contributions, you can make voluntary contributions to the defined contribution component of your plan each month.

If you voluntarily contribute the maximum 4%, you will receive a 2.5% employer-matched contribution.

Ready to increase your voluntary contributions? Log in now or call MissionSquare Retirement's Investor Services at 877-327-5261; select option 1.

Request your contribution increase by 4 p.m. EST on Dec. 15.

For general questions, contact the Retirement Office at 757-664-4738 or retirement@norfolk.gov.

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