Enrollment

ING holds group enrollment meetings throughout the State of West Virginia on an ongoing basis. These meetings will provide information about the benefits of participation in the West Virginia Retirement Plus Plan, the features of the Plan, investment options and ING services. You will also be able to complete enrollment materials. We are also available for one-on-one meetings if you have specific questions that you would like answered in a more comfortable setting.

Who Should Join the Plan?

The Plan is designed to supplement retirement income. It is not an ordinary savings account that allows withdrawals at any time. Therefore, before deciding whether to join the Plan, you should answer the following questions.

Do I have adequate savings for emergencies?

Do I have adequate savings for other financial goals (e.g., purchase of a home, children’s college expenses)?

Am I current with my bills and credit cards?

Can I afford to reduce my take home pay?

Would I like to pay less current income tax?

Do I want to potentially increase my retirement income?

If you can answer yes to all of these questions, you should think about joining the Plan. But if your financial situation is such that you should not join at this time, you can join in the future when your financial situation improves.

Top of Page

How do I join (enroll) in the Plan?

It’s easier than you may think. The Plan is a voluntary plan available to all employees of the State of West Virginia and other political subdivisions. And for new state employees hired after July 1, 2007, the State has made it even easier for you to join the Plan, because you will be automatically enrolled into the Plan with a $10 deferral per pay period, unless you decline this in writing within 30 days of your date of employment.

Any eligible individual may elect to participate in the Plan and defer a portion of future compensation.

There are no minimum age or service requirements.

Please note that based on the Plan and IRS requirements, the earliest date your agreement to defer can be effective is the first day of the month following the date you complete a State of West Virginia Deferred Compensation Participation Agreement. You can specify a later effective date if you choose.

To enroll in the Plan, you will need to complete two forms.

1. A Participation Agreement that specifies the portion of compensation that you want to defer to the Plan each pay period.

2. An Enrollment Form that specifies your investment choices.

To obtain these enrollment forms and to request fund prospectuses, please contact your ING representative at 877-786-2982. For an Information Booklet containing more information, click here.

Please Click Here for important information regarding ING’s anti-money laundering policy.

Top of Page

Insurance products issued by ING Life Insurance and Annuity Company. Securities offered through ING Financial Advisers, LLC (member SIPC), One Orange Way, Windsor, CT 06095-4774, or other broker/dealers with which it has a selling agreement.