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Employed full-time and permanent Police
Officers and Firefighters of the City of
Richmond who are not members of the Virginia
Retirement System or the Judicial Retirement System, are eligible for membership
in the Richmond Retirement System. Membership ceases upon termination of City
employment for those with less than five years of creditable service. Employees
are considered vested upon completion of five years of creditable service.
Vested public safety employees are eligible for monthly benefit payments if they
are members of the Defined Benefit Plan or those who enrolled in the Enhanced
Defined Benefit Plan option. In addition, they may apply for a deferred
retirement benefit upon reaching eligibility age 50. Normal retirement age for unreduced benefits is at age 60.
For information on the Defined Contribution 401(a) Plan, please click on the tab above.
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