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Faculty and Staff in Virginia Retirement System Hybrid Plan: Auto-Escalation of Member Contributions Takes Effect in January

September 21, 2016

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Beginning January 1, 2017, the Virginia Retirement System (VRS) Hybrid Plan’s auto-escalation feature goes into effect.  This feature is designed to help you save more for your retirement by slightly increasing the amount that contribute from each paycheck to your retirement savings. Who is affected? VRS Hybrid Plan Members hired on or before September 1, 2016 […]

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2016 Virginia Retirement System Member Benefit Profiles Are Now Available for Plan 1 and Plan 2 Participants

September 15, 2016

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Member Benefit Profiles are now available for Virginia Retirement System (VRS) participants in Plan 1 and Plan 2.  If your VRS membership date was on or before December 31, 2013, you are covered by one of these two plans unless you joined the VRS Hybrid Plan during the one-time opt-in period in April, 2014. The […]

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VRS Hybrid Plan Participants: December 15th is the Deadline for Quarterly Voluntary Contribution Election Changes

August 22, 2016

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Faculty members and classified staff in the Virginia Retirement System Hybrid Retirement Plan may make changes to their voluntary defined contribution amount once per calendar quarter. Higher voluntary contributions result in increased matching by VCU! Participants can make changes online at www.varetirement.org/hybrid.html or by telephone at 1-855-291-2285. For online access instructions, see “Quick and Easy […]

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Brexit Insights from VCU’s Investment Providers

June 24, 2016

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From TIAA: Response to Brexit requires long-term perspective From Fidelity Investments: Brexit Vote Roils Markets: Our Experts say now is the time to focus on your long-term goals

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VRS Hybrid Plan Participants: December 15th is the Deadline for Quarterly Defined Contribution Election Changes

November 4, 2015

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Faculty members and classified staff in the Virginia Retirement System Hybrid Retirement Plan may make changes to their voluntary defined contribution amount once per calendar quarter. Higher voluntary contributions result in increased matching by VCU! Participants can make changes online at www.varetirement.org/hybrid.html or by telephone at 1-855-291-2285. For online access instructions, see “Quick and Easy […]

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Where Do I Find Investment Options and Performance Information for the VCU Retirement Plans?

October 20, 2015

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Quick and easy access to descriptions and performance information for the investments in VCU’s retirement plans is always available.  If you already participate in a plan, this information is available when you log in to your online account. If you don’t already participate in a plan or with a particular investment company, investment information sheets and performance data are […]

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National Retirement Security Week, October 18-24

October 15, 2015

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October 18-24 is National Retirement Security Week (formerly National Save for Retirement Week).  This is a great time to check out the multitude of free retirement planning, savings, and investment information tools and resources available to faculty and staff:  Learn about your primary faculty or classified staff retirement plan and how it works: Virginia Retirement […]

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America Saves Week is February 23-28

February 23, 2015

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America Saves Week is a great opportunity to assess your financial conditions and goals, and to start taking financial action. Take this opportunity to assess your retirement savings status and take control of your future investments. Check out the links below to take advantage of the resources that VCU and its employee benefit providers have […]

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VRS Hybrid Plan Participants: March 16th is the Deadline for Quarterly Defined Contribution Election Changes

February 16, 2015

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Faculty members and classified staff in the Virginia Retirement System Hybrid Retirement Plan may make changes to their voluntary defined contribution amount once per calendar quarter. Higher voluntary contributions result in increased matching by VCU! Participants can make changes online at www.varetirement.org/hybrid.html or by telephone at 1-855-291-2285. For online access instructions, see “Quick and Easy […]

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Retirement Savings Limits Increase for 2015

November 21, 2014

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The IRS has increased the retirement savings limits for calendar year 2015. For the VCU 403(b) Tax Deferred Annuity retirement savings plan (“TDA”) with TIAA-CREF and/or Fidelity Investments, participating employees may save up to $18,000.00 in calendar year 2015 (increased from $17,500 in 2014).  Participants eligible for the age 50+ catch-up may save up to […]

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