How can an employee determine the amount of his or her pension benefit at an assumed future retirement date?
Upon request, VRS staff can prepare an estimate of an active member’s future pension benefit. Employers may also prepare benefit estimates by using benefit calculation software provided to each employer by VRS. In addition, an employee may calculate his or her own benefit estimate on the web at myVRS (registration required).
Related Questions
- What is the difference between the Employee/Employer Pay Plan and the Employer Pay Plan? How does the choice of plan affect my retirement benefit?
- Suppose an employee does not have a Family and he/she dies before receiving benefit. Does his / her pension get lost ?
- What is Employee Retirement Income Security Act (ERISA) Pension Law?