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Are you in Plan 1? Do you have less than 5 years of service?

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If you answered “yes” to both questions, your retirement plan provisions will change effective January 1, 2013 if you are not vested by this date. It may take longer to qualify for retirement, and your benefit may be less than it would be under your current plan provisions. You need five years (60 months) of service credit to be vested.

Prior service credit counts toward vesting. If you have prior service eligible for purchase that would bring you to 60 months of service credit by January 1, 2013, consider now whether or not to purchase this service. If you decide to purchase prior service to become vested by January 1, VRS strongly recommends you apply no later than November 1. VRS must receive payment no later than December 31, 2012. The following resources can help you decide:

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