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 was payable to eligible retirees and beneficiaries through June 2019. The Board of Retirement ended this benefit at that time due to depleted funding in its reserve account. VCERA mailed 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.