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Supervisors discuss raising VRS service multiplier for hazardous‑duty staff to retain public‑safety employees

Warren County Board of Supervisors · September 10, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County staff proposed raising the Virginia Retirement System (VRS) hazardous-duty service multiplier from 1.7 to 1.85 for eligible law enforcement, firefighters and EMTs, estimating roughly $2,200 more annual retirement income for a $60,000 final‑average salary; staff said the change would affect about 24 employees and still keep employer contribution below a previously budgeted level.

Warren County staff presented supervisors with an analysis of Virginia Retirement System (VRS) options for hazardous-duty employees and recommended adopting the higher service multiplier available to law enforcement, firefighters and EMTs.

Staff explained that VRS classifications and multipliers determine retirement payouts and that hazardous-duty employees in Plan 1 or Plan 2 may receive a higher…

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