using a reimbursement

using 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 account balance in myVRS.

  • Having a reimbursement cancels your account and eligibility for just about any benefits that are future.
  • In the event that you leave employment, have a reimbursement, and come back to a VRS-covered place, you’ll be rehired underneath the presently applicable your retirement policy for that position.

Requesting a reimbursement

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

Refunds is not prepared until at the very least a complete thirty day period once you’ve left all work with an employer that is vrs-participating. […]