Orphe.varetire.org

Plan Details Optional Retirement Plan for Higher Education

WebPay health insurance premiums for individual coverage under qualifying health plans. You are covered under ORPHE Plan 2 if you have an ORP membership date after July 1, …

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URL: https://orphe.varetire.org/plan-details/

Insurance in Retirement Virginia Retirement System

WebHealth Insurance Credit. Health insurance premium assistance for members who retire with at least 15 years of service credit or who retire on disability. Learn More.

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Health Insurance Credit Virginia Retirement System

Webfor Members and Retirees. Already Retired? VRS Website / Back to Main Menu Back to Main Menu

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Benefit Topics Health Insurance Credit Virginia Retirement System

WebHealth Insurance Credit Plan Type: Plan 1 or Plan 2, Hybrid Retirement Plan. For many, health insurance tends to be the largest deduction from a retirement benefit. …

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Optional Retirement Plan for Higher Education

WebYou retire on July 1, 2024. Your compensation at retirement is $49,780; for your life insurance coverage, that amount is rounded to $50,000 then doubled to equal $100,000. …

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VSDP Long-Term Care Plan (State Employees)

WebServices. The VSDP Long-Term Care Plan covers nursing home care, hospice care, assisted living care, community-based care and at-home care, among other services. …

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Virginia Retirement System Retiree Handbook for Retirees …

WebYou retire on July 1, 2024. Your compensation at retirement is $49,780; for your life insurance coverage, that amount is rounded to $50,000 then doubled to equal $100,000. …

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Request for Health Insurance Credit (VRS-45)

WebComplete this form to request a health insurance credit or to notify VRS of changes to your insurance coverage and/or premium amount. Note: The information you provide on this …

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Impact on Benefit Coverage Virginia Retirement System

WebHealth Insurance. If you are a state employee, your health insurance coverage will end on the last day of the month in which you leave covered employment. You may elect to …

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ORPHE Glossary Optional Retirement Plan for Higher Education

WebHealth Insurance Credit (HIC) The HIC is a payment to state retirees to help offset the cost of their health insurance in retirement. You qualify if you have 15 years of state service, …

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VRS Plan Comparison Guide

WebThe Virginia Retirement System Plan Comparison Guide provides a quick look at some of the similarities and differences among VRS Plan 1, VRS Plan 2 and the Hybrid …

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VSDP (State Employees) Virginia Retirement System

WebVSDP focuses on assisting you with your recovery and helping you make a safe return to your full duties, if you are able. Benefits include: Sick leave. Family and personal leave. …

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Workforce Transition Act (State Employees) Virginia Retirement …

WebTo apply, submit the State Health Benefits Enrollment Form for Retirees, Survivors and VSDP/LTD Participants with your retirement application. Retiree Health Insurance …

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Taxes Virginia Retirement System

WebYour health insurance credit reimbursement is a non-taxable benefit and is not included on your 1099-R form. NoteIf you retired under the guaranteed benefit for work-related …

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Virginia Retirement System Plan 1

WebThe 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 …

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ORP/ARP Health Insurance Credit Employer Certification of …

WebP.O. Box 2500 Richmond, VA 23218-2500 Toll-free 1-888-827-3847 Fax 804-786-9718 www.varetire.org. Social Security Number. Employer Code. The employer completes this …

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Certification of Employment for Health Insurance Credit …

WebAll positions held under one employer code may be certified on the same form. (If the retiree has service with more than one employer, the retiree must have each employer submit a …

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Benefits & Actuarial Committee Meeting Minutes November …

Weband Health Benefits Trust Fund (Fund}, all for both FY 2025 and FY 2026, to be effective July 1, 2024. Information Item 2024 B&A Committee Meeting Schedule: …

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Benefits and Actuarial Committee (B&A) Meeting

WebMaximum Benefit. Applying the 22.10% increase provides a maximum benefit of approximately $977,000, which when rounded to nearest $25,000 increment provides …

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Virginia Law Officers' Retirement System Plan 1 Handbook for …

WebYou retire on July 1, 2024. Your compensation at retirement is $49,780; for your life insurance coverage, that amount is rounded to $50,000 then doubled to equal $100,000. …

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