Daily Bulletin title

March 27, 2014

VRS Hybrid Open Enrollment

Open Enrollment for VRS Members

January 1, 2014 – April 30, 2014

The VRS Hybrid Retirement Plan combines the features of a defined benefit plan and a defined contribution plan.  VRS members may opt-in to the plan during the open enrollment period which ends April 30, 2014.

Who is Eligible to Opt-In?

At Virginia Western, only current VRS members are eligible to opt-in.  Optional Retirement Plan (ORP) and Virginia Law Officers' Retirement System (VaLORS) are not eligible to opt-in.

Is The Plan Right For You?

You can answer this question by attending one of the following informational sessions all located in the Human Resources Training Room in Fishburn Hall:

Tuesday, April 15, 2014 at 10 a.m.

Thursday, April 17, 2014 at 2:30 p.m.

Current VRS members are not affected by the new plan; however, you do have the opportunity to opt-in. If you do not wish to opt-in, you do not need to do anything!

If you are considering opting into the plan, you are strongly encouraged to attend one of these informational sessions.

Your decision to enroll in the Hybrid is irrevocable.