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 | 2,593.4 | 39,898 | 74.5 | 100.0 | Educational Employees' Supplementary Retirement System of Fairfax County |
| Virginia RS | 76,453.4 | 619,784 | 77.3 | 100.0 | Virginia Retirement System |
| Fairfax County ERS | 4,142.1 | 26,377 | 73.0 | 100.0 | Fairfax County Employees' Retirement System |
| Fairfax County Police | 1,400.6 | 2,699 | 83.1 | 80.3 | Fairfax County Police |
Source: Public Plans Database (as of 2020)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2019
| 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 |
| 2018 | 4.9 | 6.4 |
| 2019 | 4.5 | 6.2 |