Welcome General Employees

The Richmond Retirement System (RRS) administers two retirement plans.  The RRS has a Defined Benefit Plan which includes an enhancement option and a Defined Contribution 401(a) Plan for all full-time, permanent employees of the City of Richmond. You are a member of the Defined Benefit Plan unless you elected to participate in the Defined Contribution Plan during the election period from September 1, 2003 – December 31, 2003 or elected to participate in the Defined Contribution Plan after your date of employment beginning January 1, 2004 – June 30, 2006. As of July 1, 2006, membership in the Defined Contribution Plan is mandatory for all new general employees except for employees in the Senior Executive Group.

Members of the Defined Benefit Plan (DB) are required to make contributions to the retirement system throughout their employment.  Upon retirement, you will receive a monthly benefit determined by a formula based on the DB option elected when you became employed, your age, years of service, and three-year average final compensation. 

TheDefined Contribution Plan is a 401(a) account established for each member. The City of Richmond makes contributions to the account on your behalf based on years of service.  Your retirement benefit will depend on how you invest these funds as they are controlled by the member and affected by investment income, expenses, gains and losses. A member must be employed at least 5 years (vested) at the time of separation from the City in order to receive these funds.  

For detailed information on each plan, please click on the “Plans” button and then the link to your applicable plan.