Full time City employees hired or rehired after March 2010 are eligible for this retirement plan.

VRS Plan 1

VRS Plan 1 is a defined benefit plan. Under this plan, the retirement benefit is based on age, service credit and average final compensation at retirement using a formula.

Eligibility for this plan includes general and public safety employees hired or rehired before July 1, 2010 and vested as of January 1, 2013.

• VRS Plan 1 details
• General Employee - Member Handbook
• Public Safety Employee - Member Handbook
• Getting Ready to Retire

VRS Plan 2

VRS Plan 2 is a defined benefit plan. Under this plan, the retirement benefit is based on age, service credit and average final compensation at retirement using a formula.

Eligibility for this plan includes general employees hired or rehired before July 1, 2010 to December 31, 2013.

• VRS Plan 2 details
• General Employee - Member Handbook (Rev. 7/1/2019)
• Public Safety Employee - Member Handbook (Rev. 7/1/2019)
• Getting Ready to Retire

VRS Hybrid

The VRS Hybrid Retirement Plan combines the features of a defined benefit plan and a defined contribution plan.

Eligibility for this plan includes general employees hired on or after July 1, 2014.

• VRS Hybrid details
• VRS Hybrid Retirement Plan Presentation
• Member Handbook (Rev. 7/1/2019)
• Getting Ready to Retire