Virginia Retirement System | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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.
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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.
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