In the State of Virginia, the Virginia Retirement system manages the affairs of the state’s public workers. some of the functions of the Virginia retirement system include the management of a benefit plan for all workers, a compensation plan as well as an optional retirement plan for certain Virginia public workers.
State employees in Virginia also have a sickness and disability fund that is managed by the Virginia Retirement System.
The Virginia Public retirement System is managed by a board of trustees. the board is headed by a director who is the senior most person at the board.Is this new to you? Catch up here The board works in conjunction with two committees. The investment advisory committee and the defined contributions plan advisory committees. There is also an executive staff that helps in the administration of the fund and its affairs.
The Public Retirement System was set up specifically to address the needs and requirements of retired public workers. Retirees can contact the office through various means to find out about any retirement benefits that are due and how to get access to these. The board has system that allows members to log in and submit their quiries, questions and concerns attended to by the friendly and hard working staff.