Retirement Plans (VRS, ORP)
If you are a Virginia Retirement System (VRS) participant, you have three options. You
may request a refund, you may do a direct rollover to a qualified plan, or you may laeve
the funds in VRS until you are eligible for retirement. Upon receipt of your letter of
resignation, your HR generalist will send you an exit packet which will include an election
form for this purpose. For more information or to obtain a copy of this form, please visit the
Virginia Retirement website.
If you are a faculty member enrolled in an Optional Retirement Plan (ORP), you need to
contact your ORP vendor directly to disscuss distribution or rollover options.
TIAA-CREF can be contacted at (800) 842-2252,
Fidelity Investments is at (800) 544-6666, and
VALIC is at (800) 448-2542.
