Fairfax County Employees' Retirement System Basics, by Plan
Source: Public Plans Database (as of 2023)
Note: Fairfax County Employees' Retirement System has 0 other plans.
Assets
Assets at Year-End
Fairfax County Employees' Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
1.8 |
| 2002 |
1.7 |
| 2003 |
1.8 |
| 2004 |
2.1 |
| 2005 |
2.3 |
| 2006 |
2.5 |
| 2007 |
2.8 |
| 2008 |
2.8 |
| 2009 |
2.0 |
| 2010 |
2.5 |
| 2011 |
3.0 |
| 2012 |
3.2 |
| 2013 |
3.4 |
| 2014 |
3.8 |
| 2015 |
3.7 |
| 2016 |
3.6 |
| 2017 |
3.7 |
| 2018 |
3.9 |
| 2019 |
4.1 |
| 2020 |
4.1 |
| 2021 |
5.1 |
| 2022 |
4.9 |
| 2023 |
4.7 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Fairfax County Employees' Retirement System |
US State and Local Pensions |
| 2001 |
3.5 |
2.4 |
| 2002 |
3.4 |
2.3 |
| 2003 |
3.2 |
2.2 |
| 2004 |
3.1 |
2.1 |
| 2005 |
2.9 |
2.1 |
| 2006 |
2.8 |
2.0 |
| 2007 |
2.7 |
2.0 |
| 2008 |
2.6 |
1.9 |
| 2009 |
2.5 |
1.9 |
| 2010 |
2.3 |
1.8 |
| 2011 |
2.2 |
1.7 |
| 2012 |
2.0 |
1.6 |
| 2013 |
1.9 |
1.5 |
| 2014 |
1.8 |
1.4 |
| 2015 |
1.7 |
1.4 |
| 2016 |
1.7 |
1.4 |
| 2017 |
1.6 |
1.4 |
| 2018 |
1.5 |
1.3 |
| 2019 |
1.5 |
1.3 |
| 2020 |
1.4 |
1.3 |
| 2021 |
1.3 |
1.2 |
| 2022 |
1.2 |
1.2 |
| 2023 |
1.2 |
1.2 |
2023 Membership for Fairfax County Employees' Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 13,943 |
11,375 |
2,475 |
27,793 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Fairfax County Employees' Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-15.2 |
1,812.0 |
| 2002 |
-20.0 |
1,716.9 |
| 2003 |
-26.3 |
1,780.1 |
| 2004 |
-32.3 |
2,067.5 |
| 2005 |
-31.5 |
2,307.3 |
| 2006 |
-50.5 |
2,461.0 |
| 2007 |
-36.4 |
2,783.3 |
| 2008 |
-42.4 |
2,763.9 |
| 2009 |
-71.3 |
2,039.1 |
| 2010 |
-76.1 |
2,469.1 |
| 2011 |
-61.7 |
2,984.9 |
| 2012 |
-58.6 |
3,172.7 |
| 2013 |
-64.1 |
3,353.9 |
| 2014 |
-78.1 |
3,766.1 |
| 2015 |
-89.0 |
3,693.4 |
| 2016 |
-86.6 |
3,590.1 |
| 2017 |
-84.2 |
3,749.4 |
| 2018 |
-77.9 |
3,940.9 |
| 2019 |
-82.8 |
4,101.6 |
| 2020 |
-71.0 |
4,142.1 |
| 2021 |
-92.1 |
5,146.2 |
| 2022 |
-104.9 |
4,857.1 |
| 2023 |
-83.2 |
4,651.8 |
2023 Cash Flows for Fairfax County Employees' Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 313.1 |
396.3 |
-122.1 |
-205.3 |
Cash Flow as a Percentage of Assets
Fairfax County Employees' Retirement System
2001-2023
| Fiscal Year |
Fairfax County Employees' Retirement System |
National Average |
| 2001 |
-0.8 |
-2.1 |
| 2002 |
-1.2 |
-2.0 |
| 2003 |
-1.5 |
-2.5 |
| 2004 |
-1.6 |
-2.0 |
| 2005 |
-1.4 |
-2.2 |
| 2006 |
-2.1 |
-2.2 |
| 2007 |
-1.3 |
-2.1 |
| 2008 |
-1.5 |
-2.3 |
| 2009 |
-3.5 |
-3.1 |
| 2010 |
-3.1 |
-3.2 |
| 2011 |
-2.1 |
-3.1 |
| 2012 |
-1.8 |
-3.3 |
| 2013 |
-1.9 |
-3.1 |
| 2014 |
-2.1 |
-2.9 |
| 2015 |
-2.4 |
-2.8 |
| 2016 |
-2.4 |
-3.0 |
| 2017 |
-2.2 |
-2.9 |
| 2018 |
-2.0 |
-2.6 |
| 2019 |
-2.0 |
-2.6 |
| 2020 |
-1.7 |
-2.4 |
| 2021 |
-1.8 |
-2.1 |
| 2022 |
-2.2 |
-2.1 |
| 2023 |
-1.8 |
-2.2 |
