Get Vrs 45 Form

VRS-45 (Rev. 02/23) REQUEST FOR HEALTH INSURANCE CREDIT. Complete this form to request a health insurance credit or to notify VRS of changes to your insurance coverage and/or premium amount.

You become eligible for an unreduced retirement benefit at age 65 with at least five years (60 months) of service credit or at age 50 with at least 30 years of service credit.

To request a refund, log into your myVRS account and submit an online request for a refund. If you do not have a myVRS account, you will need to register. Refunds cannot be processed until at least a full calendar month after you have left all employment with a VRS-participating employer.

However, it will never be reduced by more than 50% of your Basic Benefit amount. Note: This option does not affect the amount of your Social Security benefit. You may also draw your Social Security when you are eligible for it, regardless of the age you choose for your VRS benefit to reduce.

The VRS Plan 1 is a defined benefit plan. This plan provides a lifetime monthly benefit during retirement based on your age, total service credit and average final compensation.

Life Insurance Benefits for Active & Retired Members If your employer participates in the VRS Group Life Insurance Program, you are covered from the first day of employment. Your employer may pay your portion of the premiums for basic group life insurance coverage.

The VRS retirement plan is a qualified 401(a) defined benefit plan which pays eligible members a lifetime benefit amount based on years of service, age, and compensation. VRS members may also participate in the Virginia Deferred Compensation Plan.

To request a refund, log into your myVRS account and submit an online request for a refund. If you do not have a myVRS account, you will need to register. Refunds cannot be processed until at least a full calendar month after you have left all employment with a VRS-participating employer.