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The original item was published from 3/8/2024 12:30:26 PM to 3/8/2024 2:08:40 PM.

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Team Norfolk Today

Posted on: March 8, 2024

[ARCHIVED] Virginia Retirement System Hybrid Plan Member Deadline

VRS March 15 Deadline

Quarterly Deadline for Hybrid Retirement Plan Members of the Virginia Retirement System

Are you a Hybrid Retirement Plan Member of the Virginia Retirement System? 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 at 800-669-7400.

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

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

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