Retirement

URGENT NOTICE:

The Norfolk Employees’ Retirement System Board of Trustees will be conducting their bi-monthly meeting on Wednesday, July 1, 2020, at 12:00 pm via WebEx due to the current pandemic.

Meeting Location:

Webex Remote Meeting pursuant to City of Norfolk ordinance to assure the continuity of government during the disaster resulting from the COVID-19 Pandemic.

This electronic meeting will be open to the public.  The public may listen and or participate in this public meeting via a WebEx remote meeting telephone call.  Persons participating in the public meeting must identify themselves to the NERS Board of Trustees Secretary (Executive Director of NERS, Penny DeLosh).
 Please direct any public comments and questions in advance of the board meeting to retirement@norfolk.gov.

WebEx Information (IC & Regular meeting):

Dial In Number: 1-415-655-0002 

Access Code: 160 174 3692

NERS Board of Trustees Meeting July 1, 2020 Agenda


In efforts to provide continued service to NERS members (both active and inactive) and the public while City offices are closed, please direct your concerns or questions to our central email address, retirement@norfolk.gov.  Please allow up to 48 hours for a response as we are working offsite but continually strive to provide you excellent customer service.  During these uncertain times we understand there may be questions regarding NERS benefit allowance payments.  Please know that any benefit allowance payments that are due will be processed as normal.  If you are due a NERS monthly payment, you should anticipate it to be paid on the last business day of the month as you are accustomed to. Thank you for your patience during this time.

NOTE: Retirees may notice a reduction in Virginia Income Tax Withholding . This is the result of an update to the standard deduction by the General Assembly. The new standard deduction is $4,500 for single individuals and $9,000 for married persons. This tax change may be reflected in your retirement allowance beginning in November 2019. 

Retirement Bureau

The bureau maintains information necessary to administer benefit payments to members, performs accounting and payroll tasks according to federal and state regulations pertaining to qualified pension funds, and provides retirement and death benefits to the system membership in accordance with Chapter 37 of the Norfolk City Code.

View the following for information about the Retirement Bureau’s meetings:

NERS “KNOW 2 ASK” Series

Basic information needed to empower you to ask important retirement-related questions.  Knowing who and what to ask is the key.

Pre-Retirement Frequently Asked Questions

Pre-Retirement FAQs

Retiree Self-Service

Forms & Notices

View the different forms and notices.

Administrative Policies and Procedures

Workers’ Compensation Retirement Benefit Offset