How Is My Future VRS Benefit Funded?
1. Your Contributions
You contribute a percentage of your compensation to your defined benefit plan. These contributions earn interest and help build your member contribution account.
If you’re in the Hybrid Retirement Plan, you also have a defined contribution component to your plan, see Your Hybrid Retirement Plan Contributions at a Glance.
2. Employer Contributions
Your employer submits monthly contributions to help fund your future benefit.
3. Investment Earnings
VRS invests contributions from you and your employer. After retirement, your pension is first paid from your member contribution account. When that account is exhausted, your benefit is paid from the VRS Trust Fund.
With a long-term view of 20 to 40 years, VRS works to grow the fund steadily with an investment strategy designed to support current and rees. The market value of the investment portfolio was $135.2 billion as of June 30.
