201612.01
0

Changes Coming to Social Security and Supplemental Security Income (SSI) benefits in 2017

Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 0.3 percent cost-of-living adjustment (COLA) for 2017.  The average benefit for a disabled worker will increase from $1,167 to $1,171.  Maximum SSI payments for an individual will increase from $733/mo. to $735/mo. and from $1,100/mo. to $1,103/mo. for a couple.  Other important Social Security…

201609.08
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Do I qualify for VRS disability retirement benefits?

Virginia Retirement System members frequently ask us if their specific health condition(s) qualify them for VRS disability retirement benefits. A VRS disability claim is not based solely on your medical diagnosis. Whether or not your claim for VRS disability retirement benefits will be approved depends upon a variety of factors unique to your case. These factors include, but are not limited to, your…

201608.05
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How can I get an estimate of my VRS disability retirement benefits?

Some members of VRS are able to access a disability retirement benefits estimate through myVRS, an online system offered by the Virginia Retirement System. The myVRS online system is available to active members covered under the Virginia Retirement System (VRS), including teachers, state employees and employees of political subdivisions that participate in VRS; special benefits for local law enforcement officers and full-time firefighters (LEOS/FIRE);…

201605.06
0

ANNOUNCING . . . General Assembly Passes Bills Affecting the Virginia Retirement System (VRS)

During the 2016 session of the General Assembly, several bills passed that affect the Virginia Retirement System (VRS).  Some of the bills include: House Bill 665 Creates the Commission on Employee Retirement Security and Pension Reform in the legislative branch to study and make recommendations relating to the financial soundness of retirement plans covering state and…