You may be eligible for severance benefits if you are involuntarily separated from employment. Involuntary separation is a layoff because of a budget reduction, agency reorganization, workforce downsizing or another cause not related to job performance or misconduct. If you voluntarily resign from your position, you are not eligible for severance benefits. Your employer will notify you if you are involuntarily separated from employment and coordinate your benefits. For more information, contact your human resource office. Learn more about severance benefits.
Special Waiver for Selected Positions
If you hold one of the following positions, are involuntarily separated from employment for reasons other than cause and are credited with 20 or more years of service at the time of termination, you may be eligible to retire with an unreduced benefit as early as age 50 if you are in Plan 1 or age 60 if you are in Plan 2:
- Agency head appointed by the Governor or a state board, commission or council
- School superintendent
- County, city or town manager or attorney
- Constitutional officer (if your position is abolished)
Your employer must certify your eligibility on the Certification of Exception from General Early Retirement Provisions (VRS-8) 22kb. If you return to covered employment, you will be subject to the normal provisions for unreduced and reduced retirement under your plan, unless you are in a position that qualifies for this special waiver.