Virginia Retirement System

If you are in the VRS Hybrid Retirement plan, you can grow your retirement savings faster by making voluntary contributions. Both you and your employer make mandatory contributions to each component while you work. You may also contribute up to an additional 4% in voluntary contributions to the defined contribution component. Your employer will match a portion of your voluntary contribution up to an additional 2.5%. Elect to save 4% by logging into Account Access. https://lnkd.in/ehEksHge

Tucked away off a path on the University of Virginia campus in Charlottesville sits one of the country’s largest specialized transportation libraries. Experts and graduate students working for the Virginia Department of Transportation’s (VDOT) research division bustle past its shelves daily. Some are preparing to test sensors that will be embedded into Virginia’s roadways while others are assessing special lasers to monitor road surface roughness. The VDOT Research Library stands at the ready to assist in transportation research across Virginia and beyond. “Every day we’ve got new questions coming in,” Research Librarian Ken Winter says. “We’re not subject matter experts … but as information professionals we have expertise in how information is created, where it resides and how to get it to the people who need to use it." Read more about Winter's work at the VDOT Research Library: https://lnkd.in/ehtdHK-w.

Some may consider Charles City County a quick pass-through. Nestled between Richmond and Williamsburg, it’s a rural community that’s easy to overlook. Yet every year, more than 400,000 cyclists travel its quiet roads along the Virginia Capital Trail. Cynthia Boone, the county’s first-ever director of economic development and tourism, wants to turn those passersby into visitors who see the county for what it truly is: a destination worth exploring. Read the article at https://lnkd.in/esiaxHvM.

How will VRS' defined contribution plan record keeper change affect you? VRS named Voya Financial as the third-party record keeper for the VRS Defined Contribution Plans with the transition taking place on January 2, 2025. Participant account details, investments, contribution elections and beneficiaries will automatically transition to Voya. Learn more at https://lnkd.in/ef_b8C_V.

VRS has opened its new counseling center at 6641 West Broad Street, Suite G-106, in Henrico County. The new space offers convenient parking with proximity to major highways and public transportation, allowing VRS to better serve members and retirees who seek in-person counseling.

You think, therefore you save. Through myVRS Financial Wellness, learn how your mindset can affect money management. https://lnkd.in/e544cR3N

One of the benefits of your VRS membership is the ability to purchase eligible service from previous public employment, military service or a period of approved leave. Buying service may help you become vested for retirement sooner, be eligible to retire earlier and collect a larger health insurance credit in retirement. Tune into our webinar Thursday, November 7 (3-4 p.m.). https://lnkd.in/eJ8cQBD5

VRS soon will open its new counseling center at 6641 West Broad Street in Henrico County. The new space offers convenient parking with proximity to major highways and public transportation, allowing VRS to better serve members and retirees who seek in-person counseling.

Phishing is when criminals use fake emails, social media posts or direct messages with the goal of luring you to click on a bad link or download a malicious attachment. With some knowledge, you can outsmart the phishers every day. Read more at https://lnkd.in/gSzH3c2W.

Multi-factor authentication is a cybersecurity measure for an account that requires anyone logging in to prove their identity multiple ways. Why go through all this trouble? Because multi-factor authentication makes it extremely hard for hackers to access your online accounts, even if they know your password. https://lnkd.in/gf-iVm9h