Employees who joined VCERA before 2006, and those who joined VCERA on or after January 1, 2006 and are vested (excluding reciprocal service), will receive a fixed, vested supplemental benefit of $108.44 per month in addition to their monthly retirement benefit.
Additionally, a non-vested supplemental benefit of $27.50 per month is payable to eligible retirees and beneficiaries through June 2019. The benefit will end at that time due to depleted funding in its reserve account. VCERA will mail a formal notice to all retirees impacted by the termination of the non-vested $27.50 supplemental benefit.
Supplemental benefits are not subject to annual cost-of-living adjustments.