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The Virginia General Assembly, in its 2010 session passed legislation creating a separate retirement plan for employees hired on or after July 1, 2010 (hereafter referred to as Plan 2 employees).

How to fill out vrs plan 2 member

How to fill out VRS Plan 2 member:

1. Gather necessary information: Before filling out the VRS Plan 2 member form, make sure you have all the required information at hand. This may include personal details like your full name, Social Security number, contact information, and employment history.
2. Understand the eligibility criteria: Familiarize yourself with the eligibility criteria for VRS Plan 2 membership. Typically, this includes being a full-time or part-time employee of a participating employer, and meeting any additional requirements set forth by the Virginia Retirement System (VRS).
3. Complete personal information: Start by providing your personal information accurately and legibly on the VRS Plan 2 member form. This will include your full name, date of birth, Social Security number, and contact details.
4. Enter employment details: Provide detailed information regarding your employment history. This may include information about your current or previous employers, dates of employment, and job titles held. Ensure that you provide accurate and up-to-date information.
5. Choose your retirement plan: Select the retirement plan within VRS Plan 2 that suits your needs best. VRS offers different plan options, such as the Hybrid Plan or the Defined Benefit Plan, each with its own features and benefits. Consider your financial goals and retirement objectives when making this decision.
6. Nominate beneficiaries: Designate beneficiaries who will receive your retirement benefits in the event of your death. This step is crucial to ensure that your loved ones are taken care of in the future. Provide their full names, dates of birth, and relationship to you.
7. Review and submit: Take the time to review all the provided information on the form carefully. Check for any errors or missing information before submitting it to the Virginia Retirement System. It is always a good idea to retain a copy of the completed form for your records.

Who needs VRS Plan 2 membership?

1. State and local government employees: VRS Plan 2 membership is available to state and local government employees in the Commonwealth of Virginia. This includes employees of state agencies, cities, counties, towns, and school divisions who meet the eligibility criteria.
2. Public school and community college employees: VRS Plan 2 membership is also offered to public school teachers and administrative staff, as well as community college employees in Virginia. It provides retirement benefits specifically designed for individuals in the education sector.
3. Certain political subdivisions employees: Some political subdivisions within Virginia, such as regional jails and regional housing authorities, may also offer VRS Plan 2 membership to their employees.

Note: It is important to consult with the Virginia Retirement System or your employer's human resources department to determine your eligibility for VRS Plan 2 membership.

For pdfFiller’s FAQs

What is vrs plan 2 member?

VRS Plan 2 member is a retirement plan offered by the Virginia Retirement System for eligible state employees.

Who is required to file vrs plan 2 member?

State employees who are eligible and join the VRS Plan 2 are required to file.

How to fill out vrs plan 2 member?

The VRS Plan 2 member enrollment process can be completed online through the VRS website or by contacting a VRS representative.

What is the purpose of vrs plan 2 member?

The purpose of VRS Plan 2 is to provide eligible state employees with a retirement savings plan for their future financial security.

What information must be reported on vrs plan 2 member?

Personal details, beneficiary information, contribution amount, investment options, and other relevant financial information must be reported on VRS Plan 2.

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