This website is best viewed with Javascript. Learn more about enabling Javascript.

VRS Logo Saturday, February 22, 2020

Counseling Center
1111 East Main Street
Richmond, VA 23219
8:30 a.m.–4:00 p.m.
Map & Directions
graphic: contact us Contact Us

Administrative Offices
1200 East Main Street
Richmond, VA 23219

Connect with VRS
facebook icon linked-in icon

Cash Match Plan

Description of Benefit

Provides employer matching contributions for state employee participants in the Deferred Compensation Plan and participating political subdivision employees whose employers provide the match.

Eligibility for Benefit

No employer match is made while on Leave Without Pay (LWOP). Members receiving a paycheck and contributing to the DCP while on active duty, continue receiving matching employer contributions.

Benefits upon Return to VRS Employment

Participants in the Commonwealth’s 457 Plan who elect to make up the contributions missed during the period of leave are eligible to receive the cash match associated with those contributions. Employees of colleges and universities whose eligibility for the cash matched is based on contributions to a 403(b) should contact their Human Resources Office for information on qualifying for the cash match.

Employer Reporting Requirements

Employer receives the Payroll Authorization form from participant. Employer cosigns the Application for Uniformed Services Leave Make-up. Employer submits the make-up cash match along with the current cash match for each pay period.

Back to top
View VRS Expenses Level A conformance icon, W3C-WAI Web Content Accessibility Guidelines 1.0
Translate (Disclaimer)