Your MBPs Available in myVRS. You’re on the right road to move forward. Plan for tomorrow, today. Your Plan 1 and Plan 2 employees’ Member Benefit Profiles (MBP) are ready to view in myVRS. The MBP is your employees’ annual online benefits statement with important information about your retirement and other benefits as of June 30, 2015. Employees can use the MBP to plan their retirement strategy, no matter where they are in their careers. Additional information – http://www.varetire.org/members/mbp/index.asp
Employees in the Hybrid Retirement Plan can look up account balance and other benefit information in myVRS.
VRS also offers counseling sessions, webinars, presentations and online classes to help you meet your retirement goals. For example:
• Are You on Track?- Provides an overview of your VRS benefits and optional programs, purchase of prior service and member resources.
• Are You Ready to Retire?- Guides you through important retirement decisions (such as when to retire and how to select a benefit payout option). Other topics include using myVRS and benefits after retirement.
• Your Next Steps – Walks you through the retirement application process. Topics include a timeline of action items, an overview of the required forms, post-retirement considerations (such as taxes and COLA) and your VRS resources after retirement.