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 | 3,076.7 | 42,730 | 74.3 | 100.0 | Educational Employees' Supplementary Retirement System of Fairfax County |
| Virginia RS | 98,127.3 | 687,694 | 81.6 | 106.8 | Virginia Retirement System |
| Fairfax County (VA) ERS | 4,651.8 | 28,325 | 73.7 | 100.0 | Fairfax County Employees' Retirement System |
| Fairfax County Police | 1,677.9 | 2,815 | 81.5 | 100.0 | Fairfax County Police |
| Fairfax County Uniformed | 2,029.5 | 3,776 | 77.7 | 100.0 | Fairfax County Uniformed |
Source: Public Plans Database (as of 2023)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2023
| Fiscal Year | VA | US |
|---|---|---|
| 2001 | 1.9 | 2.9 |
| 2002 | 1.7 | 3.0 |
| 2003 | 1.7 | 3.4 |
| 2004 | 2.2 | 4.2 |
| 2005 | 2.5 | 3.8 |
| 2006 | 2.9 | 3.7 |
| 2007 | 2.8 | 3.9 |
| 2008 | 3.2 | 4.2 |
| 2009 | 3.5 | 4.4 |
| 2010 | 3.3 | 4.6 |
| 2011 | 3.4 | 4.9 |
| 2012 | 4.6 | 5.0 |
| 2013 | 4.6 | 5.2 |
| 2014 | 4.8 | 5.6 |
| 2015 | 5.4 | 5.8 |
| 2016 | 5.3 | 6.1 |
| 2017 | 4.9 | 6.0 |
| 2018 | 4.6 | 6.4 |
| 2019 | 4.3 | 6.2 |
| 2020 | 4.3 | 6.6 |
| 2021 | 4.2 | 6.3 |
| 2022 | 3.9 | 6.7 |
| 2023 | 6.4 | 6.6 |