April 23, 2024

Schedule an Online Virginia Retirement System Meeting, Through April 26

VRS DCP Online Regional Education Meetings

Register today for an online Commonwealth of Virginia 457 Deferred Compensation Plan Regional Education Meeting or a virtual one-on-one with your Defined Contribution Plans Retirement Specialists.

Learn More About Your Retirement Options

VRS 457 and Cash Match Plans Overview
What is a 457 Deferred Compensation Plan? How about a Cash Match 401(a) Plan? Learn about how these plans help you build your retirement future.

Register Now

 

Select How Your Savings Are Invested

VRS Plan Investments
Do you find investing confusing? Learn about asset classes, diversification and the three investment paths available to you.

Register Now

 

How Do I Withdraw My Money in Retirement?

VRS 457 and Cash Match Distribution Options
Retirement on the horizon? Understand the various distribution requirements and options under your 457 and 401(a) plans.

Register Now

 

Personal Individual Account Review

One-on-one Appointment
Need assistance? Sign up for a 30-minute virtual one-on-one with a Defined Contribution Plans Retirement Specialist.

Register Now

 

Virginia529 Education Savings Webinar, March 28

Spring is a time to grow. Learn how to grow your education savings with a 529 plan.

Get to know Invest529 – a savings tool that helps you or a loved one prepare for the future. In this webinar, you’ll learn about the uses of an Invest529 account and the tax advantages that come with it.

Join Virginia529 for a special webinar on Thursday, March 28, 2024 at 12 pm.

As a bonus just for attending the webinar, you’ll receive an exclusive offer – a $25 gift code to open a new Invest529 account. You’ll also have the chance to win a $50 Target gift card that will be given away at the end of the session.

 ** Sign up to reserve your spot **

Virginia529 Webinar, March 28

Improve your financial wellness. Make saving for education a priority.

Join Virginia529 for a special webinar on March 28, 2024 at 12 pm.

** Sign up to reserve your spot **

 

P.S. By attending the webinar, you’ll receive an exclusive offer – a $25 gift code to open a new Invest529 account. You’ll also have the chance to win a $50 Target gift card that will be given away at the end of the session.

 

Your Retirement 101: Virtual Meetings for Your Hybrid Retirement Plan

Your Retirement 101: Virtual Meetings for Your Hybrid Retirement Plan

We invite you to attend a virtual meeting to review the Hybrid Retirement Plan including features, benefits and investment options. Defined Contribution Plans Retirement Specialists from MissionSquare Retirement, the record keeper for the VRS Defined Contribution Plans, and Hybrid Retirement Plan Counselors from VRS, will conduct the program. Defined Contribution Plans Retirement Specialists will be available for virtual one-on-one appointments.

Date: December 6, 2023
Presenter: Ashley Lucas | alucas@missionsq.org

Join Us to Learn More About Your Retirement Options

Hybrid Retirement Plan: Features and Benefits
9:00 – 10:30 a.m.

What is the hybrid plan? What’s the difference between the defined benefit and defined contribution components? Join us as we review all components of the Hybrid Retirement Plan; we’ll discuss the different types of contributions, distributions and managing the plans.
Register online.

Select How Your Savings Are Invested

VRS Defined Contribution Plans Investment Options
10:45 – 11:45 a.m.

Do you find investing confusing? Learn about asset classes, diversification and the investment paths available to you. This session relates to the Defined Contribution Component of the Hybrid Retirement Plan and all other VRS Defined Contribution Plans.
Register online.

Get Advice Unique to You

Individual Appointments
1:00 – 4:00 p.m.
Need assistance? Sign-up for a 30-minute virtual one-on-one with a Defined Contribution Plans Retirement Specialist. Hybrid Retirement Plan members as well as participants in other VRS Defined Contribution Plans are welcome to reserve an individual appointment. Register online.

 

*Defined Contribution Plans Retirement Specialists cannot provide financial, tax or investment advice.

Virginia529 Webinar, June 28, 2 to 3 p.m.

University of Mary Washington Human Resources is happy to offer a Virginia529 webinar for our employees on Tuesday, June 28,  from 2 to 3 p.m.

Watch this webinar to learn about saving for future education expenses for children, grandchildren or yourself. UMW employees will receive an exclusive offer – a $25 gift code to open a new Invest529 account.  More details about this offer will be shared during and after the webinar.

During this webinar, you will learn how to:

  • Save for tuition and other college costs, such as housing and textbooks
  • Take advantage of tax-free earnings
  • And most importantly meet your savings goals

** Click HERE to register for the webinar **

Attention Faculty & AP Faculty – ORPHE Enrollment

October is open enrollment for participants in the Optional Retirement Plan for Higher Education (ORPHE). You have the opportunity to change providers, effective with the first payroll in 2022. Open Enrollment occurs annually from October 1 to October 31. All provider changes must be completed in your myVRS account by October 31, 2021.

Two provider options are available: DCP (record kept by MissionSquare Retirement formerly ICMA-RC) and TIAA. Register for an online open enrollment meeting to learn more about your options during open enrollment.

If you wish to change providers during open enrollment, you can view your options and make a selection in myVRS. Once logged in, the following message will appear on your account home page through October 31, or until you make a provider change:

No action is required if you do not wish to change your provider during the open enrollment period.

Please note that selecting a new provider does not impact your balances. If you wish to transfer balances to your new provider you will need to request a plan-to-plan transfer. For additional information or assistance, please email orphe@varetire.org.

Additional information on the ORPHE plan is located at https://orphe.varetire.org/  and the open enrollment page is located at https://orphe.varetire.org/plan-details/open-enrollment.html  and FAQs at https://orphe.varetire.org/plan-details/open-enrollment.html#collapse3

 

VRS DCP Seminar Schedule – June-August 2021

Registration is required for all sessions and individual consultations. It’s easy to register online: visit www.varetire.org, click on the Defined Contribution Plans tab, select your plan’s website, then go to the Education page and click the View group seminars link or call VRS-DC-PLAN1 (877-327-5261),
option 2.

Visit your plan’s website to view the schedule of Upcoming Webinars on
the Education page.

Agenda for all sessions is as follows –
9:00 – 9:45 a.m.
457 and Cash Match Features and
Highlights (Non-Hybrid Plans Only)

10:00 – 11:00 a.m.
457, Cash Match and Hybrid Defined
Contribution Plan Investments

11:15 a.m. – 12:15 p.m.
457 and Cash Match Distribution
Options (Non-Hybrid Plans Only)

1:30 – 4:00 p.m.
Individual Consultations

Schedule of Upcoming Virtual Education Meetings

North Central Region
JUNE 30, JULY 12, AUGUST 5

South Central Region
JUNE 23, JULY 11, AUGUST 18

Western Region
JUNE 9, JULY 15, AUGUST 10

Southwestern Region
JUNE 17, JULY 13, AUGUST 9

Northern Virginia Region
JUNE 16, JULY  14, AUGUST 12

Eastern Region
JUNE 16, JULY 21, AUGUST 25

Southeastern Region
JUNE 2, JULY  7, AUGUST 4

VRS Hybrid Seminar Schedule June 2021

SCHEDULE OF UPCOMING VIRTUAL EDUCATION MEETINGS Registration is required for all sessions and individual consultations. It’s easy to register online: visit www.varetire.org, click on the Defined Contribution Plans tab, select your plan’s website, then go to the Education page and click the View group seminars link or call VRS-DC-PLAN1 (877-327-5261), option 2.

Visit your plan’s website to view the schedule of Upcoming Webinars on the Education page.

Agenda for all sessions is as follows –

9:00 a.m. – 10:00 a.m. Hybrid Features and Benefits Overview (Hybrid Retirement Plan only)

10:45 a.m. – 11:45 a.m. Plan Investments Seminar (457, Cash Match, and Hybrid plans)

1:00 p.m. – 4:00 p.m. Individual Appointments (457, Cash Match, and Hybrid plans)

HYBRID PLAN SESSIONS

JUNE 9 North Central Region

JUNE 3 South Central Region

JUNE 2 Western Region

JUNE 8 Southwestern Region

JUNE 10 Northern Virginia Region

JUNE 9 Eastern Region

JUNE 9 Southeastern Region

 

TIAA Participants – Schedule a Counseling Session!

Virtual appointments are available for our Participants with TIAA (ORPHE or 403(b) participants).  We have scheduled virtual appointments for April 15 and June 9.  Register for one of the sessions at www.TIAA.org/schedulenow.  Please see Learn How to Save With Your VRS Defined Contribution Retirement Plan for details.

Public Health Emergency Leave (PHEL) Update

Public Health Emergency Leave (PHEL) will be available for the duration of the Public Health Emergency declaration. Full-time employees may be eligible for up to 80 hours of PHEL beginning January 10th, the start of the new leave year (the 160 hours will end on January 9, 2021). Please note that the federal FFCRA leave expired on December 31, 2020.