Announcements
Meet With a VRS Counselor
One-on-one counseling options are available virtually and in person. Discuss how to apply for retirement as well as your options and benefits with VRS. Schedule an appointment.
Have general questions about your plan? Contact us by phone or email.
Learn Hybrid Plan Basics in New Webinar
In case you missed the recent VRS webinar, Understanding the Hybrid Retirement Plan, a recording is available online. In less than an hour, this session covers:
- The defined benefit and defined contribution components of your plan.
- How contributions work.
- Your other VRS benefits.
- Resources for learning more.
Visit the Education page for a list of other topics, such as retirement readiness for Plan 1 and Plan 2 members, a general overview of those plans, choosing a benefit payout option and more. Enjoy recordings at your convenience or register to attend an upcoming live session.
Stay Connected
VRS is no longer active on Facebook. We’ve streamlined our communications to focus on platforms that better support our outreach and engagement goals.
You can find VRS content on YouTube and LinkedIn, along with updates delivered directly to you by email, mail, newsletters and through your myVRS account.
Claim Your Online Accounts
Keeping your contact information up to date in myVRS and your DCP Account, if applicable, helps ensure that VRS can reach you with important updates and that only you have access to your personal information. Learn the difference between these accounts.
If you did not register your myVRS account within 90 days of your hire date, VRS has locked your account for your protection. To establish your online account, call 888-827-3847.
VRS transitioned record keeping for its defined contribution plans from MissionSquare Retirement to Voya Financial earlier this year. If you are a hybrid plan member or contribute to the Commonwealth of Virginia defined contribution accounts and haven’t registered your Voya account, please do so. Online access allows you to review your balances, update your contact information and verify your beneficiary designations. If you need assistance, contact the VRS Defined Contribution Plans Service Center at 877-327-5261.
VRS Reports 9.9% Return, Fund Hits Record High
VRS reported a 9.9% return, net of fees, on its investment portfolio for fiscal year 2025, ending the year at a record high of $122.8 billion. See how major asset classes in the VRS portfolio performed.
How VRS Compares to Its Peers
VRS remains in the high-service, low-cost category compared to its peers, according to an annual study from CEM Benchmarking, which compares retirement systems in the United States and around the world.
- VRS is in line with its peers when it comes to delivering quality services to members, scoring 81 out of 100 on the CEM scale.
- VRS’ total pension administration cost is $81 per member, below the peer average of $124.
CEM measures service quality from a member’s perspective. For example, a pension fund that offers more communication channels for its members is perceived to resolve issues more quickly.
VRS participates in the benchmarking comparison each year to identify opportunities to further improve service and reduce costs.
