The sooner you start planning for retirement, the easier it can be, so let’s get started! Schedule a free 30-minute virtual consultation with one of our Nationwide consultants to learn more about Albemarle County’s 457(b) deferred compensation plan. Through a 457(b) plan, you can contribute to your account each pay period; invest that money so it can potentially grow into a lot more; and use tools to monitor your account and make adjustments as needed.

Appointments are set aside for ACPS employees July 15-19! To schedule, scan the QR code in the flyer below or visit https://bit.ly/ACVA457. Continue reading →

Right now, employees in the VRS Hybrid Plan have money taken from their first two paychecks each month for their Defined Contribution account. Starting July 1, 2024, VRS-participating employers are required to take both mandatory and voluntary Defined Contributions from every paycheck, even in months with three paychecks (such as August 2024 and January 2025 in the 2024-25 school year). The total yearly contribution will stay the same, but the amount taken from each paycheck will be smaller because it’s spread out over more paychecks. Here’s a summary of the deduction schedule for the 2024-25 school year: Continue reading →

As we announced in an April 29 news release, the 2024-25 Budget Development process resulted in a 3% pay increase for all regular employees on the classified pay scales and a similar step increase for employees on the teacher and bus driver pay scales, effective July 1.

12-Month Employees

For 12-month employees, the pay rate increase is effective on July 1, so it will appear beginning on your July 19 paycheck (for time worked June 29 – July 12). Continue reading →

As we close out the 2023-24 school year, the Department of Human Resources extends our sincerest thanks for all you have done for our students this school year. Every single ACPS employee impacts student growth and learning and supports Albemarle County families. Your hard work has made a difference this year!

Attention 10- and 11-Month Employees: Given the multiple pay schedules that apply to our employees, we want to provide information that may be helpful for you as we head into summer. Continue reading →

The sooner you start planning for retirement, the easier it can be. If you wait, it could take much more per pay period to achieve the same goal. Let’s get started! Schedule a free 30-minute virtual consultation with one of our Nationwide consultants to learn more about Albemarle County’s 457(b) deferred compensation plan. Through a 457(b) plan, you can contribute to your account each pay period; invest that money so it can potentially grow into a lot more; and use tools to monitor your account and make adjustments as needed.

Appointments are set aside for ACPS employees next week, June 3-7! To schedule, scan the QR code in the flyer below or visit https://bit.ly/ACVA457. Continue reading →

Over the spring and summer of 2023, we required all employees covering dependents on our medical plan at that time to complete a Dependent Eligibility Review process. The review was conducted by Part D Advisors (PDA), an independent cost containment firm that specializes in conducting eligibility reviews. The purpose of the review was to ensure that all dependents enrolled on our plan met eligibility guidelines for coverage. All employees, retirees, and COBRA participants on our health plan who covered spouses/children were required to complete this process, which wrapped up in September. Since that time, all new dependents on the plan have undergone the same review process.

Beginning this month, PDA will begin random spot audits of dependents enrolled on our medical plan with the goal of reviewing all of our covered dependents at least once in a 3-year rolling period to ensure that we are continuing to cover eligible dependents in a fair and equitable manner. Continue reading →