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Virginia » Educational Employees' Supplementary Retirement System of Fairfax County
The ERFC administers supplemental pension and other benefits for certificated and non-certificated employees of county school districts. System members also participate in the Virginia Retirement System.
Educational Employees' Supplementary Retirement System of Fairfax County Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Fairfax County Schools |
2,997.9 |
41,450 |
| Other Plans |
0 |
0 |
| Total |
2,997.9 |
41,450 |
Source: Public Plans Database (as of 2022)
Note: Educational Employees' Supplementary Retirement System of Fairfax County has 0 other plans.
Assets
Assets at Year-End
Educational Employees' Supplementary Retirement System of Fairfax County
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
1.5 |
| 2002 |
1.4 |
| 2003 |
1.3 |
| 2004 |
1.5 |
| 2005 |
1.6 |
| 2006 |
1.8 |
| 2007 |
2.0 |
| 2008 |
1.9 |
| 2009 |
1.4 |
| 2010 |
1.6 |
| 2011 |
1.9 |
| 2012 |
1.8 |
| 2013 |
2.0 |
| 2014 |
2.2 |
| 2015 |
2.2 |
| 2016 |
2.1 |
| 2017 |
2.3 |
| 2018 |
2.4 |
| 2019 |
2.5 |
| 2020 |
2.6 |
| 2021 |
3.3 |
| 2022 |
3.0 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Educational Employees' Supplementary Retirement System of Fairfax County |
US State and Local Pensions |
| 2001 |
2.8 |
2.4 |
| 2002 |
2.5 |
2.3 |
| 2003 |
2.6 |
2.2 |
| 2004 |
2.6 |
2.1 |
| 2005 |
2.5 |
2.1 |
| 2006 |
2.5 |
2.0 |
| 2007 |
2.4 |
2.0 |
| 2008 |
2.3 |
1.9 |
| 2009 |
2.3 |
1.9 |
| 2010 |
2.3 |
1.8 |
| 2011 |
2.2 |
1.7 |
| 2012 |
2.2 |
1.6 |
| 2013 |
2.2 |
1.5 |
| 2014 |
2.1 |
1.4 |
| 2015 |
2.0 |
1.4 |
| 2016 |
2.0 |
1.4 |
| 2017 |
1.9 |
1.4 |
| 2018 |
1.9 |
1.3 |
| 2019 |
1.8 |
1.3 |
| 2020 |
1.8 |
1.3 |
| 2021 |
1.7 |
1.2 |
| 2022 |
1.7 |
1.2 |
2022 Membership for Educational Employees' Supplementary Retirement System of Fairfax County
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 22,329 |
13,338 |
5,783 |
41,450 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Educational Employees' Supplementary Retirement System of Fairfax County
2001-2022
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-38.9 |
1,488.8 |
| 2002 |
-50.3 |
1,369.4 |
| 2003 |
-52.4 |
1,349.8 |
| 2004 |
-55.5 |
1,528.1 |
| 2005 |
-48.9 |
1,647.7 |
| 2006 |
-51.1 |
1,766.5 |
| 2007 |
-54.9 |
2,015.7 |
| 2008 |
-60.3 |
1,858.6 |
| 2009 |
-59.5 |
1,441.4 |
| 2010 |
-65.3 |
1,607.7 |
| 2011 |
-62.4 |
1,887.0 |
| 2012 |
-60.8 |
1,827.8 |
| 2013 |
-61.9 |
1,956.8 |
| 2014 |
-56.5 |
2,204.9 |
| 2015 |
-57.3 |
2,179.7 |
| 2016 |
-56.4 |
2,107.6 |
| 2017 |
-54.3 |
2,304.3 |
| 2018 |
-46.1 |
2,446.3 |
| 2019 |
-42.6 |
2,521.4 |
| 2020 |
-36.5 |
2,593.4 |
| 2021 |
-42.0 |
3,272.2 |
| 2022 |
-42.0 |
2,997.9 |
2022 Cash Flows for Educational Employees' Supplementary Retirement System of Fairfax County (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 161.1 |
203.1 |
-232.2 |
-274.2 |
Cash Flow as a Percentage of Assets
Educational Employees' Supplementary Retirement System of Fairfax County
2001-2022
| Fiscal Year |
Educational Employees' Supplementary Retirement System of Fairfax County |
National Average |
| 2001 |
-2.6 |
-2.1 |
| 2002 |
-3.7 |
-2.4 |
| 2003 |
-3.9 |
-2.6 |
| 2004 |
-3.6 |
-2.0 |
| 2005 |
-3.0 |
-2.2 |
| 2006 |
-2.9 |
-2.2 |
| 2007 |
-2.7 |
-2.1 |
| 2008 |
-3.2 |
-2.3 |
| 2009 |
-4.1 |
-3.1 |
| 2010 |
-4.1 |
-3.2 |
| 2011 |
-3.3 |
-3.1 |
| 2012 |
-3.3 |
-3.3 |
| 2013 |
-3.2 |
-3.1 |
| 2014 |
-2.6 |
-2.9 |
| 2015 |
-2.6 |
-2.8 |
| 2016 |
-2.7 |
-3.0 |
| 2017 |
-2.4 |
-2.9 |
| 2018 |
-1.9 |
-2.6 |
| 2019 |
-1.7 |
-2.6 |
| 2020 |
-1.4 |
-2.4 |
| 2021 |
-1.3 |
-2.1 |
| 2022 |
-1.4 |
-2.1 |
