Taking a refund

Taking a refund

Exactly How Much Refund Am I Going To Get?

In the event that you request a refund and are also or involuntarily separated from employment for factors apart from work performance or misconduct, you’ll be qualified to receive the full refund of the member share account balance. You will be eligible for a refund of the balance, excluding any member contributions made by your employer to your account after July 1, 2010 and the interest on these contributions if you are not vested. Look your member contribution up balance in myVRS.

  • Having a refund cancels your membership and eligibility for just about any benefits that are future.
  • In the event that you leave work, have a reimbursement, and go back to a VRS-covered place, you’re going to be rehired underneath the presently relevant your retirement policy for that position.

Requesting A refund

To request a reimbursement, log into the myVRS account and submit an on-line ask for a reimbursement. You will need to register if you do not have a myVRS account.

Refunds can not be processed until at the very least the full thirty day period once you have kept all work having an employer that is vrs-participating. This consists of any aided by the manager you will be leaving. The Commonwealth of Virginia, including all state agencies and general public universities and universities, is known as one boss. 阅读更多