Visit the library now. Arlington County Employees' Supplemental Retirement System--II Established. If you have questions about your retirement benefits or any related issues, please contact the Benefits Team using one of the methods listed to the right. DROP provides the ability for an employee to retire for purposes of the pension plan, while continuing to work and receive a salary for a period of up to three years. name, address, email, Arlington County Senior Centers can help individuals apply for Arlington County retirement benefits and assist with any problems receiving benefits. Their retirement planners may also advise eligible seniors on when to … This website may not function properly with the browser version you are using. Pension/Retirement. direct deposit, 35-2 Code Updated 9-2017 § 35-30. With a deferred compensation plan, you postpone receiving a portion of your salary. ACERS has many options that can help you meet your retirement goals. The System may transact business as the Arlington County Employees Retirement System. County employees are also encouraged to take advantage of the County’s 457 tax-deferred compensation plan, which they can set themselves at an aggressive, moderate or low risk. Arlington County Pension Plan, reported anonymously by Arlington County employees. The Arlington County Employees’ Retirement System was established to help provide you with financial security at retirement, one of the most important long-range goals for you and your family. 457 Plan: 301966. There is hereby established the Arlington County Employees' Supplemental Retirement System--II which is hereby established for all employees hired on or after February 8, 1981. of Virginia (1950), as amended, Arlington County hereby adopts and establishes a plan of deferred compensation for persons providing services, as defined in § 47-2 below, to Arlington County. presentations that are advertised on AC Commons. Learn more about your workplace retirement program. Arlington County (Va.) Employees' Retirement System committed $15 million to JFL Equity Investors V, a buyout fund managed by J.F. Your Arlington Public Schools retirement program. Need to learn more about your retirement options? Are you on track for retirement? Employees are required … Arlington Public Schools retirement program is a part of your total compensation package. How much you will get is based on how many ACERS has many options that Forms for employees and retirees to change their ACERS Apply on company website. Voya Seminar Library 19% of the residents are over 55. To provide you with easier access to information about the Plans, Voya Financial®, Inc. developed this custom website for County Employees. Find retirement plans in Surrounding Arlington County on Yellowbook. Insurance obligations are the responsibility of each individual company. An annuity does not provide any additional tax deferral benefit, as tax deferral is provided by the plan. Arlington is a mid-size city in Arlington County in the State of Virginia. Custodial account agreements or trust agreements are provided by Voya Institutional Trust Company. you with guaranteed monthly income during your retirement. ACERS is a pension plan that provides This website provides you with access to your account information and the ability to make account transactions. Securities may also be through other broker-dealers with which Voya has selling agreements. Arlington County has one of the best benefit packages in Northern Virginia. Glassdoor is your resource for information about the Retirement Plan benefits at Arlington Public Schools. © 2020, Voya Services Company. Everyday we make financial decisions for ourselves, our families and our futures. Many services remain available online. Development of the Consolidated Plan for Fiscal Year 2022-2026. The financial choices you make today can determine the quality of your retirement tomorrow. COVID-19 Update ACERS retirement benefits will continue to be deposited per the normal schedule: the last business day of the month. are also online. An annuity does not provide any additional tax deferral benefit, as tax deferral is provided by the plan. If put to good use, your plan(s) can become some of your most important workplace benefits. All Rights Reserved, 401(a) Defined Contribution Plan Overview. Money taken from the annuity will be taxed as ordinary income generally in the year the money is distributed (Special rules apply to distributions of Roth 457 earnings that meet the Internal Revenue Code definition of a “qualified distribution”). Learn about the CIP Process . The retirement system is based in Arlington, Virginia. or Learn more COVID-19 Info: Testing, vaccines, FAQs and more.. Amharic. Assets of System § 35-32. Arlington County’s Deferred Compensation Plan is established under Internal Revenue Code (IRC) Section 457. Fairfax County, Virginia - DROP (Deferred Retirement Option Program). § 46-2. 429 Retirement Plan Administrator jobs available in Arlington County, VA on Indeed.com. The Arlington is a Non-Profit Life Plan Community (or, Continuing Care Retirement Community - CCRC) in beautiful Southwest Florida, which offers spacious estate homes, apartment residences, assisted living, short-term rehabilitation and residential healthcare - skilled nursing, memory care - all on one campus. Once your retirement begins under this system, you will receive a certain portion of your previous income every month for life. Introductory Section Arlington County Employees’ Retirement System 3 System History The System was established as a defined benefit plan under authority of an act of the General Assembly Enroll in your 457 Plan. General employees contribute 4% and uniformed public safety contribute 7.5% of salary. Welcome to the Arlington County Plus Plan Website. ACERS was established by the Arlington County Board in 1953 as a defined benefit plan for its employees. Retirement and survivor benefits as well as disability benefits are provided to over 8,300 Arlington County Uniformed and General employees and certain School Board employees. If you have any questions about the ACERS benefits or using this site, please Get reviews and contact details for each business including videos, opening hours and more. Changes must be submitted to the County’s Benefits Team. Forms for retirees to change can help you meet your retirement goals. ACERS is a pension plan that provides you with guaranteed monthly income during your retirement. Voya StabilizerSM is offered under a group annuity contract. other, or whomever assists you with your financial decisions. What Pension Plan benefit do Arlington County employees get? 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