ERFC New Hire Information
Learn about your ERFC retirement benefit
Welcome to FCPS!
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.
You're a member of the ERFC 2001 Tier 2 Plan
Plan participation is mandatory for all eligible FCPS employees and you'll contribute 3% of your salary per paycheck. Once you've earned 5 years of vesting service, you'll be eligible for a lifetime retirement benefit.
Understand ERFC in 3 minutes
Take care of your loved ones
Watch the video to learn why it's so important to name your pension beneficiary(ies) from day one!
Things to do
Enroll in ERFC Direct
|Establish online access to your Virginia Retirement System (VRS).
Learn about the VRS Hybrid Plan: http://www.varetirement.org/hybrid.html
Contact your MissionSquare Retirement representative for information about your VRS Hybrid Plan defined contribution component or to increase your voluntary contribution:
|Create a “my Social Security” account and view your statements.|
The FCPS Employee Assistance Program (EAP) has financial experts who can assist with questions about retirement planning.
Stay 5 years with FCPS and get vested! It will give you the right to collect your second pension from ERFC on top of VRS.
ERFC 2001 Tier 2 Plan Forms and Documents
· Authorization to Discuss Member Information ERFC31
· Beneficiary Designation ERFC1
· Beneficiary Designation - Continuation ERFC1A
· Benefit Payment Options - 2001 Plan ERFC25B
· Durable Power of Attorney ERFC38
· Name / Address Change Form for Inactive Members ERFC29A
· Retirement Checklist for members ERFC41
Employee benefits questions?
Contact FCPS HR: [email protected]