State Data » Virginia

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
Fairfax County Schools 2,446.3 39,145 75.7 98.0 Educational Employees' Supplementary Retirement System of Fairfax County
Virginia RS 73,754.6 583,468 78.6 100.0 Virginia Retirement System
Fairfax County ERS 3,940.9 25,162 70.5 100.0 Fairfax County Employees' Retirement System

Source: Public Plans Database (as of 2018)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2017

Fiscal Year VA US
2001 4.3 2.9
2002 3.3 3.0
2003 3.1 3.4
2004 3.5 4.2
2005 4.0 3.8
2006 4.0 3.7
2007 4.4 3.9
2008 5.0 4.2
2009 5.0 4.4
2010 4.5 4.6
2011 3.9 4.9
2012 4.2 5.0
2013 4.7 5.2
2014 4.3 5.6
2015 5.3 5.8
2016 5.4 6.1
2017 4.9 6.0

Source: Public Plans Database and Census of Governments.