ERFC 2001 Tier 1 Plan
Hire Date from 07/01/2001 to 06/30/2017
 |
 |
 |
 |
 |
 |
ERFC Direct allows you to review your account, request estimates, update your beneficiaries, notify life changes, and more. |
Good News! If you're a full-time educational, administrative, or support employee, ERFC is your supplemental defined benefit retirement plan. Your ERFC retirement benefit supplements the primary benefits you'll earn from the Virginia Retirement System (VRS) and Social Security.
|
|
|
|
|
|
ERFC |
|
VRS & SSA |
|
Your Total Pension |
The amount of your benefit, generally, is calculated
 of your highest salary
|
X |
|
X |
 |
For more information please refer to the ERFC 2001 Plan Handbook.
 Kyle Laspe |
"Being knowledgeable about a pension means financial freedom in the future. Part of the reason I chose FCPS in comparison to surrounding districts is the defined benefit plan. The idea that saving and having multiple income paths is important. Between ERFC, VRS and a 403b plan, I feel confident that I will be comfortable when I retire. Understanding that the costs associated with retirement are increasing and being able to have that peace of mind is why I adamantly believe in ERFC and their role to help all employees at the end of our careers and beyond. I hope that all employees learn more about ERFC and retirement in general. Being an ambassador for ERFC helped me not only understand our retirement structure, but I have also helped my colleagues." |
When can I retire?
You can retire at any age with 30 or more years worked. You can retire at age 60 with at least 5 years worked.
Check the Social Security Benefits by year of birth.
Plan for retirement
|
1 year before
Download and print ERFC's Retirement Checklist to guide you through the process. |
|
6 months before Submit FCPS Notification of Resignation or Retirement HR-2 Form. |
ERFC Ambassadors
Reach out to the ERFC member volunteers who act as ERFC plan resources for coworkers. Find your local Ambassador or volunteer to become one.ERFC 2001 Tier 1 Plan Forms and Documents
ERFC 2001 Tier 1 Plan Forms
- Authorization to Discuss Member Information ERFC31
- Beneficiary Designation ERFC1
- Beneficiary Designation - Continuation ERFC1B
- Benefit Payment Options - 2001 Plan ERFC25B
- Durable Power of Attorney ERFC38
- Name / Address Change Form for Inactive Members ERFC29A
- Notification of Resignation or Retirement HR-2
ERFC 2001 Tier 1 Plan Documents
Other Resources
- HRConnection (for questions about health insurance and benefits)
- VRS website
- Social Security Administration website
Retirement Information Videos
Getting a Divorce? Check the Domestic Relations Order (DRO) Information
- ERFC – Domestic Relations Orders Guidelines and Model
A Domestic Relations Order (DRO) is a court-ordered equitable distribution of marital property that provides for a portion of a member’s retirement benefits to be paid to a former spouse. The ERFC’s Guidelines for the Development of Domestic Relations Order provide information on preparing a DRO and include a model DRO. View ERFC’s DRO Guidelines and model DRO here, or request a copy by contacting [email protected].
- ERFC Domestic Relations Orders (DRO) Regulations