Helping Members Plan for Tomorrow, Today


Changes to Purchase of Prior Service Provisions

Currently, no courses are available for Changes to Purchase of Prior Service Provisions. Please see Education and Counseling for other course offerings.

The General Assembly passed legislation this year that will change purchase of prior service (PPS) provisions. Most changes are not effective until January 1, 2017, but it's important that members and employers understand them since they may impact the options available to those who choose to purchase prior service credit. This presentation will cover changes in types of service, eligibility windows, cost, payment methods, and purchase payment agreement requirements and discuss the implications of purchasing service before vs. after January 1, 2017. Both VRS members and employers are strongly encouraged to register for this presentation.