A Virginia VRS member with 30 years of service and a $70k final average salary retires on about $2,888 a month at age 60 under the “Plan 2 (hired July 2010 – 2013)” rules. That is 49.5% of salary. Amounts use Plan 2 at the first unreduced age: the Rule of 90 where it comes first, otherwise 67. Virginia public employees also earn Social Security.
Plan 1 (hired before July 2010, vested by 2013)
| Service | Age | % of salary | $50k | $60k | $70k | $80k | $90k | $100k |
|---|---|---|---|---|---|---|---|---|
| 10 yrs | 65 | 17.0% | $708 | $850 | $992 | $1,133 | $1,275 | $1,417 |
| 15 yrs | 65 | 25.5% | $1,063 | $1,275 | $1,488 | $1,700 | $1,913 | $2,125 |
| 20 yrs | 65 | 34.0% | $1,417 | $1,700 | $1,983 | $2,267 | $2,550 | $2,833 |
| 25 yrs | 65 | 42.5% | $1,771 | $2,125 | $2,479 | $2,833 | $3,188 | $3,542 |
| 30 yrs | 50 | 51.0% | $2,125 | $2,550 | $2,975 | $3,400 | $3,825 | $4,250 |
| 35 yrs | 50 | 59.5% | $2,479 | $2,975 | $3,471 | $3,967 | $4,463 | $4,958 |
Plan 2 (hired July 2010 – 2013)
| Service | Age | % of salary | $50k | $60k | $70k | $80k | $90k | $100k |
|---|---|---|---|---|---|---|---|---|
| 10 yrs | 67 | 16.5% | $688 | $825 | $963 | $1,100 | $1,238 | $1,375 |
| 15 yrs | 67 | 24.8% | $1,033 | $1,240 | $1,447 | $1,653 | $1,860 | $2,067 |
| 20 yrs | 67 | 33.0% | $1,375 | $1,650 | $1,925 | $2,200 | $2,475 | $2,750 |
| 25 yrs | 65 | 41.3% | $1,721 | $2,065 | $2,409 | $2,753 | $3,098 | $3,442 |
| 30 yrs | 60 | 49.5% | $2,063 | $2,475 | $2,888 | $3,300 | $3,713 | $4,125 |
| 35 yrs | 55 | 57.8% | $2,408 | $2,890 | $3,372 | $3,853 | $4,335 | $4,817 |
Hybrid (hired 2014 or later), pension part
| Service | Age | % of salary | $50k | $60k | $70k | $80k | $90k | $100k |
|---|---|---|---|---|---|---|---|---|
| 10 yrs | 67 | 10.0% | $417 | $500 | $583 | $667 | $750 | $833 |
| 15 yrs | 67 | 15.0% | $625 | $750 | $875 | $1,000 | $1,125 | $1,250 |
| 20 yrs | 67 | 20.0% | $833 | $1,000 | $1,167 | $1,333 | $1,500 | $1,667 |
| 25 yrs | 65 | 25.0% | $1,042 | $1,250 | $1,458 | $1,667 | $1,875 | $2,083 |
| 30 yrs | 60 | 30.0% | $1,250 | $1,500 | $1,750 | $2,000 | $2,250 | $2,500 |
| 35 yrs | 55 | 35.0% | $1,458 | $1,750 | $2,042 | $2,333 | $2,625 | $2,917 |
Monthly amounts before tax, using the single-life payout. Salary columns are final average salary, not your last paycheck. Age is the first age with no early-retirement reduction for that service.
Retiring earlier or later
Retiring before the age shown means a smaller check for life, and waiting longer usually adds both service and, in some plans, a higher factor. The Virginia VRS retirement chart shows the percentage at every age from 55 to 67, and the Virginia VRS calculator runs your exact numbers.
What else adds to the check
Virginia VRS members also pay into Social Security, so most retirees collect a Social Security benefit on top of these amounts. See the pension and Social Security calculator for the combined total, and the COLA guide for how the check grows after you retire.