APS pays the full cost of the life insurance premium. APS pays the full cost of this insurance. Legal Counsel - APS provides counsel to employees for defense of actions arising out of the discharge of their duties and within the scope of their employment with the school system. Under this program, employees may invest a part of their salaries, before income tax deductions, in one of a variety of investment vehicles. APS takes no responsibility for ensuring that employee contributions meet the requirements of the tax code.
Membership is mandatory for employees in covered positions.
Members are vested in the system after five years service. At the time of retirement, the amount of the annuity to which the retiree is entitled is calculated based on the retiree's thirty-six highest consecutive months of salary, the retiree's years of service under the VRS and the retiree's age at the time of retirement. Arlington County Employees Supplemental Retirement System Employees covered by VRS are covered under either Chapter 35 or Chapter 46 of this System. If the benefit to which the retiree is entitled under the County system exceeds the VRS benefit, the County system provides the difference. The School Board pays the full cost of coverage for VRS employees.