Retirement
There are three VRS Plans – See the detailed Plan Comparison Guide, and visit the VRS Web site for detailed information and resources for each plan.
Resources
- VRS Home Page – Get an estimate of your future retirement benefits and view your Member Benefit Profile.
- VRS Forms
- Henrico County Retirement Planning
- VRS Member News – a monthly newsletter
To receive the newsletter directly each month, subscribe here. - Contact VRS: 1-888-VARETIR or www.varetire.org
Purchase of Prior Service
You may be able to increase your VRS benefit by purchasing prior service credit. Prior service is a period of service that has not been credited to your VRS service record because it was not covered by VRS or it was covered service for which your previously took a refund. Because the amount of your benefit is based on your years of service credit, purchasing prior service credit can increase your monthly retirement benefit. VRS allows eligible members to purchase time for: certain leaves of absence, non-covered service with a participating employer, public service, active duty military service, and VRS refunded service. The cost and time frame to purchase this service is based on whether you are in Plan 1, Plan 2, or the Hybrid Plan. For more information on purchasing prior service, visit the VRS purchase of prior service Web page. To initiate a purchase of prior service, contact HR Benefits.