VRS 80 Years Celebration & Overview

27 VRS Overview RS Virginia Retirement System % $ $ ■ Two-thirds of benefit funding comes from investment income; receiving timely contributions is critical. ■ Hybrid Retirement Plan becoming dominant plan for most employees: • • • Created risk-sharing model between the employer and employee. Reduced longevity and investment risk for the employer. Lowered the future cost of the plan. Increased portability for plan participants.

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