Retirement at NNPS
Do you have questions about your retirement options?
Employees may now schedule an appointment with a NNPS benefits representative by visiting our online registration site.
Virginia Retirement System
The Virginia Retirement System (VRS), an independent state agency, administers defined benefit, defined contribution and hybrid plans along with other benefits for Virginia's public sector employees.
VRS Hybrid Plan: The VRS Hybrid Retirement Plan combines the features of a defined benefit plan and a defined contribution plan. The plan will apply to most members hired on or after January 1, 2014. VRS Member Handbook, Hybrid Plan
VRS Plan 1: You are in Plan 1 if your membership date is before July 1, 2010, and you were vested (you had at least five years of creditable service) as of January 1, 2013. VRS Member Handbook, Plan 1
VRS Plan 2: You are covered under Plan 2 if your membership date is from July 1, 2010, to December 31, 2013. Additionally, you are covered under Plan 2 if you have membership date prior to July 1, 2010, but you were not vested before January 1, 2013. VRS Member Handbook, Plan 2