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COLLEGE AND UNIVERSITY FACULTY OPT-OUT VIRGINIA SICKNESS AND DISABILITY PROGRAM VIRGINIA RETIREMENT SYSTEM P.O. Box 2500 Richmond, Virginia 23218-2500 Toll Free 1-888-VARETIR (827-3847) www.varetire.org
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Varetire is a retirement savings plan specifically designed for employers and employees of the Virginia state government.
Both employers and employees of the Virginia state government are required to participate in and contribute to varetire.
To fill out varetire, employers and employees need to complete the necessary forms provided by the Virginia Retirement System (VRS) and submit them according to the specified instructions.
The purpose of varetire is to provide retirement benefits for employees of the Virginia state government, ensuring financial security during their retirement years.
Varetire requires reporting of relevant employee information such as salary, employment start date, job title, and contribution amounts. Employers also need to report their financial contribution details.
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