Retirement

URGENT NOTICE:

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.

The 2019 1099-R forms have been mailed.

The Norfolk Employees’ Retirement System will be providing Annual Member Benefit Statements to Location Supervisors for each employee of that location that is a member of the Norfolk Employees’ Retirement System.  Please anticipate the receipt of these statements no later than February 7, 2020.  Should you have any questions please contact our office.

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.