Virginia Retirement System (VRS) Hybrid members now have access to SmartStep - a new way to automatically increase savings for retirement. 

SmartStep allows you to apply an automatic increase to your Hybrid 457 contributions each year until you reach the maximum contribution of 4 percent. You choose the percentage to be applied and the month the increase goes into effect. Remember, contributions to the 457 Hybrid plan also receive a partial employer match, further increasing your retirement savings. To enroll in SmartStep for the second quarter of 2018, you must submit your request by March 15th. For more information and to enroll, go to www.varetire.org/hybrid. You may also contact ICMA-RC (the third party administrator for the Hybrid 457 plan) at 1-877-327-5261, Mon. – Fri. 8:30 a.m. – 5 p.m., EST.