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Going for a reimbursement

Friday, February 14th, 2020

Going for a reimbursement

Exactly How Refund that is much will Receive?

You will be eligible for a full refund of your member contribution account balance if you request a refund and are or involuntarily separated from employment for causes other than job performance or misconduct. 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.

  • Going for a reimbursement cancels your membership and eligibility for just about any future advantages.
  • You will be rehired under the currently applicable retirement plan for that place if you leave work, have a reimbursement, and go back to a VRS-covered position.

Asking for A reimbursement

To request a reimbursement, log to your myVRS account and submit an internet ask for a reimbursement. If you don’t have myVRS account, you need to register.

Refunds can’t be prepared until at the very least a complete 30 days once you’ve kept all work by having an employer that is vrs-participating. This can include any because of the manager you may be making. The Commonwealth of Virginia, including all state agencies and general public universities and universities, is recognized as one boss. Durations of leave with or without pay try not to count toward satisfying this break from work. (more…)