Hybrid Members: See Hybrid Retirement Plan Education.
National Retirement Security Week
October 21-27, 2018
- Women in Retirement
– 10 ways women, and men, can save themselves from retirement poverty.
Presented by: The Women's Institute for a Secure Retirement
- Social Security Updates
– Join us for a brown bag session on applying for Social Security benefits and Medicare.
Presented by: Jacqueline Weisgarber, Social Security Administration
Retirement Planning: Your Next Steps Webinar – This webinar for current Plan 1 and Plan 2 members (hired before January 1, 2014) who are fewer than 12 months away from retirement walks you through the retirement application process. Topics include a timeline of action items, an overview of the required forms, post-retirement considerations (such as taxes and COLA) and your VRS resources after retirement.
Benefit Payout Options Webinar – Did you know there are four payout options to choose from when retiring? Or maybe you're just not sure which payout option to select. Learn the basics of a service retirement: retirement eligibility; how a benefit is calculated; the payout options to choose from.
- Retirement Journey - Complete the Picture
– If you are eligible for the Commonwealth of Virginia 457 Deferred Compensation Plan and Virginia Cash Match Plan, learn how you can use these plans to enhance your retirement benefits.
Presented by: ICMA-RC and VRS
- Getting Value From Your Flexible Spending Accounts
– (This presentation is for eligible state employees who participate in COVA Care.) Learn how to take advantage of this tax savings program that allows you to use pre-tax dollars to pay for a variety of health care and dependent care expenses, saving you as much as 40 percent. This is savings that can be reallocated elsewhere in your budget, such as reducing debt or saving for retirement.
Presented by: Anthem
Are You on Track? – This presentation for current Plan 1 and Plan 2 members (hired before January 1, 2014) educates you on your VRS membership and the importance of planning now for your future. Topics include an overview of your VRS benefits and optional programs, purchase of prior service and member resources such as our online self-service tool, myVRS.
Are You Ready to Retire? – This presentation for current Plan 1 and Plan 2 members (hired before January 1, 2014) who are within five years of retirement guides you through important retirement decisions (such as when to retire and selecting a benefit payout option). Other topics include using myVRS and benefits after retirement.
Nearing Retirement Workshop – Planning to retire within the next 5 years? Join us for this half-day workshop featuring industry professionals who will provide resources to help prepare you for the transition into retirement.
Retiree Education – VRS offers a variety of workshops and courses covering a wide array of topics. These topics are often available in multiple formats. Choose an in-person workshop or watch a course online. We're currently offering Living in Retirement Workshops as well as Financial Wellness courses. Discover how you can lead a happier retirement.
Starting Point: For Early Career Investors – When should you start saving for retirement? Now is a good time. As you begin your career, retirement should be something you save for along the way. Join us to learn about designing a budget, why you should start saving now and investing basics.
Looking Ahead: Prioritizing Saving for Retirement – It's important to continue saving for retirement mid-career – even when other financial needs crop up. In this seminar, we'll discuss how to ensure that your future remains a priority even when life gets in the way. Join us to learn about designing a budget, why you should start saving now and investing basics.
Eye on the Prize: Almost There! – For late-career members, exciting times are ahead as retirement approaches. Make sure the ride is a smooth one. In this webinar, we'll discuss how much retirement will cost, Social Security planning and our ready-to-retire checklist.
Hazardous Duty - SPORS – This webinar explains retirement eligibility requirements, discuss the hazardous duty supplement and understand the multiplier that is used to calculate the service retirement benefit. It also provides the resources available to help you get starting on planning your future.
Hazardous Duty for Political Subdivisions – This webinar is for employees in VRS-covered positions who are eligible for enhanced hazardous duty benefits. Topics include eligibility and how other benefits, such as disability retirement and the purchase of prior service credit, affect enhanced hazardous duty.
VRS Overview – This presentation for current Plan 1 and Plan 2 members (hired before January 1, 2014) provides details on your benefits as a member of the Virginia Retirement System. Topics covered will include the value of your benefit, vesting and retirement eligibility and ways to enhance your benefit for retirement.
Health Insurance Credit – Health insurance for some tends to be the largest deduction from a retirement benefit. Did you know a portion of your health insurance premiums may be reimbursed to you as a retirement benefit? This webinar will provide information on the Health Insurance Credit. We will talk about who is eligible for this credit, how the credit is calculated and how to apply for it.
Purchase of Prior Service – Considering purchasing prior service credit but not sure how it will impact your benefit or even if it's worth purchasing? Attend this webinar to learn more about the different types of prior service that can be purchased and credited to your service and how it affects your benefit. The webinar explains how to calculate the cost and the different methods of payment to choose from.