Section News and Information
September 17, 2019
Division of Retirement Benefits Upon Divorce
VRS recently developed and published two new form orders relating to the division of retirement benefits upon divorce. Beginning January 1, 2020, a domestic relations order that VRS receives will result in division of VRS-held retirement assets only if it is one of the VRS-preapproved orders:
Approved Domestic Relations Order – Defined Benefit Plan (.pdf)
Approved Domestic Relations Order – Defined Contribution Plan(s)(.pdf)
Both of these form orders can be found on the Forms section of the VRS website: www.varetire.org/forms. Each includes instructions explaining the options and how to complete the form before submitting it for a court’s consideration. Additional information regarding VRS benefits can be found on the Publications section of the VRS website: www.varetire.org/publications.