Virginia Retirement System | Company Profile
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Virginia Retirement System
Overview
The Virginia Retirement System (VRS) is an independent state agency established in 1942 that manages pension plans, retirement savings plans, and various benefits for public employees in Virginia. It serves around 835 participating employers, including municipalities, counties, school districts, and state agencies, supporting over 750,000 members, retirees, and beneficiaries.
VRS offers a range of retirement and financial benefit programs, including defined benefit pension plans, defined contribution plans, and hybrid plans. It provides a Cost-of-Living Adjustment (COLA) program, online tools through the myVRS portal, and certified financial planning services in partnership with MissionSquare Retirement. Members can also access virtual one-on-one retirement counseling for personalized support. Governed by a 9-member Board of Trustees, VRS is committed to managing retirement funds in the best interest of its beneficiaries while continuously enhancing member services and financial education.
Basic Information
| Industry | government administration |
|---|---|
| Founded | 1942 |
| Revenue | $32.4M |
| Headquarters | 1200 East Main Street, Richmond, VA 23219, United States |
| Languages | English |
| Alexa Ranking | 464816 |
Contact Details
- Phone: +1 888-827-3847
- Website: varetire.org
- LinkedIn: linkedin.com/company/virginia-retirement-system
Key Focus Areas & Initiatives
- Defined benefit retirement plans
- Deferred compensation & cash match plans
- Group life insurance plan
- Disability plans
- Hybrid retirement plan
- Health insurance credit
- Health and welfare funds
- Disability benefits
- Public sector benefits
- Retirement plan enrollment
- Retirement plan comparison
- Retirement forms
- Financial stewardship
- Retirement milestones
- Retirement plan overview
- E-learning
- Investment management
- Retirement plan webinar
- Legislation updates
- Pension fund
- Disability retirement
- Retirement plan guide
- Retirement benefit newsletter
- Government
- Retiree newsletters
- Retirement plan video
- Social security integration
- Retiree insurance
- Member services
- Retirement system governance
- Retirement benefit calculator
- Services
- Retirement webinars
- Benefit payout options
- Retirement plan handbook
- Retirement benefit estimator
- Retirement law
- Retirement plan resources
- Retiree news
- Benefit updates
- Cost-of-living adjustment
- Benefit rollovers
- Retiree health benefits
- Financial services
- PPS purchase of prior service
- VRS member benefit profile
- Direct deposit schedule
- Retirement planning
- Benefit administration
- Long-term care
- Beneficiary designation
- Virginia local disability program
- Retirement plan options
- Hybrid plan local employees
- Retirement benefit update
- Trust fund
- Benefit calculators
- Public pension fund
- Public employees
- Benefits and programs
- Defined benefit plans
- Customer service
- Employee benefits
- Retiree resources
- Retirement counseling
- Retirement education
- Annual reports
- Virginia sickness & disability program
- Retirement benefits
- Retirement plan eligibility
- Retirement plan education
- Retirement plans
- Financial reporting
- Finance
- Education
- Internet
- Information technology & services
- Computer software
- Education management
- Long term care
Technologies Used
- Apache
- Bootstrap Framework
- Citrix NetScaler
- Google Analytics
- Google Font API
- Google Play
- Google Tag Manager
- Incapsula
- Microsoft Office 365
- Mobile Friendly
- Nginx
- OneTrust
- Pantheon
- React
- Vimeo
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