Arlington is a mid-size city in Arlington County in the State of Virginia. In recent years, Sergeant Rakowski served as the supervisor of the Northside Community Outreach Team, working with residents, community groups, and businesses to address concerns, build strong partnerships, and conduct proactive engagement. This website provides you with access to your account information and the ability to make account transactions. can help you meet your retirement goals. An annuity does not provide any additional tax deferral benefit, as tax deferral is provided by the plan. To help you pursue your financial and retirement objectives, the County sponsors a 457 Deferred Compensation Plan, a 401(a) Defined Contribution Plan (called the "Arlington County Plus Plan" or "Plan"), and a DROP Plan. The purpose of the plan shall be to provide for the deferral of compensation of the participants. benefits offered to Arlington County employees. Learn more about your workplace retirement program. Get reviews and contact details for each business including videos, opening hours and more. Single log-in. The topics available in the Voya Seminar Library can help you make more informed choices when faced with these financial decisions. The Arlington County Permit Office is CLOSED for in-person customer service. Arlington’s 10-Year Infrastructure Plan. County. Arlington Public Schools retirement program is a part of your total compensation package. TMRS is a hybrid plan with a 2x employer match that offers a lifetime annuity after vesting and guaranteed return. Here For You During COVID-19 NEW! 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. However, an annuity does provide other features and benefits, such as lifetime income payments and death benefits, which may be valuable to you. In addition to their retirement plan, there is a 457 plan in which the County matches the employee contributions up … When you participate, you can reduce your taxable income today, while building retirement savings for tomorrow. ACERS was established by the Arlington County Board in 1953 as a defined benefit plan for its employees. § 35-31. § 46-2. The encompassing metropolitan area has 2,176,460 residents, but there are 207,410 living within the city. The System may transact business as the Arlington County Employees Retirement System. ACERS is a pension plan that provides 35-2 Code Updated 9-2017 § 35-30. 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. Insurance products issued by Voya Retirement Insurance and Annuity Company, One Orange Way, Windsor, CT 06095-4774. Many services remain available online. their beneficiaries. presentations that are advertised on AC Commons. 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. All Rights Reserved, 401(a) Defined Contribution Plan Overview. Find retirement plans in Surrounding Arlington County on Yellowbook. direct deposit, Group annuities and mutual funds offered through a retirement plan are intended as long-term investments designed for retirement purposes. Welcome to the Arlington County Plus Plan Website. you with guaranteed monthly income during your retirement. Arlington County’s Deferred Compensation Plan is established under Internal Revenue Code (IRC) Section 457. Fairfax County, Virginia - DROP (Deferred Retirement Option Program). ARLINGTON COUNTY CODE ARLINGTON COUNTY SCHOOL BOARD EMPLOYEES’ SUPPLEMENTAL RETIREMENT SYSTEM . ACERS is a pension plan that provides you with guaranteed monthly income during your retirement. Glassdoor is your resource for information about the Retirement Plan benefits at Arlington Public Schools. Pension/Retirement. This site is a good source of information about the Plans, your investment choices under the Plans, and the services available through Voya®. He is an expert on matters related to poverty, welfare […] Once your retirement begins under this system, you will receive a certain portion of your previous income every month for life. Learn more COVID-19 Info: Testing, vaccines, FAQs and more.. Amharic. The Arlington County Employees’ Retirement System (“ACERS”) is one of the retirement benefits offered to Arlington County employees. Assets to … The County Medical & Dental Monthly Premium Rate Charts Effective July 1, 2020 Retiree Rate Chart- Retired before January 15, 2012 Retiree Rate Chart- Hired before July 1, 2008 and Retired on or after Jan. 15, […] Development of the Consolidated Plan for Fiscal Year 2022-2026. What Pension Plan benefit do Arlington County employees get? Many financial solutions. Work on the FY 2021-2030 CIP is currently underway (also see the FY 2019-2028 CIP). Got More Questions? Arabic ACERS has many options that can help you meet your retirement goals. The Arlington County Employees’ Retirement System (“ACERS”) is one of the retirement beneficiaries Visit your browser manufacturer's website and upgrade to a newer version. The retirement system is based in Arlington, Virginia. Employees are required … Enroll in your 457 Plan. Account values fluctuate with market conditions, and when surrendered the principal may be worth more or less than its original amount invested. Product and services may not be available in all states. 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”). other, or whomever assists you with your financial decisions. With a deferred compensation plan, you postpone receiving a portion of your salary. Feel free to bring your spouse, significant Learn about Arlington Public Schools Retirement Plan, including a description from the employer, and comments and ratings provided anonymously by current and former Arlington Public Schools employees. Arlington County Pension Plan, reported anonymously by Arlington County employees. Voya Seminar Library Need to learn more about your retirement options? 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. How much you will get is based on how many Annuities may be subject to additional fees and expenses to which other tax-qualified funding vehicles may not be subject. On Friday, we celebrated the retirement of Sergeant Rakowski, following 25+ years of dedicated service to the Arlington community. An annuity does not provide any additional tax deferral benefit, as tax deferral is provided by the plan. Arlington Public Schools teachers and staff participate in a separate retirement plan run by the state. You contribute a portion of your salary on a pre-tax basis to this plan and are vested with five years of service. Arlington County Employees' Retirement System. 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. It is the 6th biggest city in the state. All companies are members of the Voya family of companies. 401k Plan : 106061. Details Arlington County Courthouse and Bozman Government Center are closed Jan. 19.Arlington County Government offices, courts, libraries & facilities closed Weds., Jan. 20 for Inauguration Day. Additionally, you can receive Plan information, and investment and retirement planning educational materials. Custodial account agreements or trust agreements are provided by Voya Institutional Trust Company. Insurance obligations are the responsibility of each individual company. General employees contribute 4% and uniformed public safety contribute 7.5% of salary. Retirees may use this site to view their pension deposits and name, address, email, Enter username and password to access your secure Voya Financial account for retirement, insurance and investments. Enroll In your 401k Plan. Securities are distributed by Voya Financial Partners, LLC (member SIPC). Learn about the CIP Process . Apply to Project Administrator, Systems Administrator, Administrator and more! Your Arlington Public Schools retirement program. Are you on track for retirement? Employees may use this site to run estimates of their monthly pension income and view It works like this: You decide, within certain legal limits, how much of your income you want to contribute. Apply on company website. Submitted by dporter on Mon, 08/31/2015 - 11:01. Welcome to the Arlington County Plus Plan Website. 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. If you have any questions about the ACERS benefits or using this site, please Annuities may be subject to additional fees and expenses to which other tax-qualified funding vehicles may not be subject. 19% of the residents are over 55. 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 Investing for retirement requires a good plan and the discipline to follow it. Everyday we make financial decisions for ourselves, our families and our futures. Arlington Wallet Here For You During COVID-19 NEW! Employees may also attend Get reviews and contact details for each business including videos, opening hours and more. are on the County’s website. Arlington County Senior Centers can help individuals apply for Arlington County retirement benefits and assist with any problems receiving benefits. Employees may ACERS has many options that tax withholding 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. Need to Make Changes? To provide you with easier access to information about the Plans, Voya Financial®, Inc. developed this custom website for County Employees. They often provide assistance with retirement benefits, including Arlington County retirement planning services, estimating monthly benefits payments, and applying for spousal retirement benefits. SECTOR. 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