Regular, 30 or more hour employees of Loudoun County are automatically enrolled in benefits under the Virginia Retirement System (VRS). VRS provides pension benefits as well as basic life and accidental death and dismemberment (AD&D) benefits. Additionally, employees are eligible to purchase optional life insurance for themselves as well as for their eligible dependents.
Membership is a condition of employment for eligible employees. All VRS-eligible employees are required to pay 5% of their salary to the Virginia Retirement System through payroll deduction. This contribution will be made automatically on a pre-tax salary reduction basis; exempt from state and federal tax withholding.
Retirement benefits are determined by age at retirement, average final compensation, years of service, type of retirement, and position classification.