State Data » Virginia » Virginia Retirement System

Virginia Retirement System Basics, by Plan

Plan Assets (millions) Total Members
Virginia RS 73,754.6 583,468
Other Plans 3,134.4 122,577
Total 76,889.0 706,045

Source: Public Plans Database (as of 2018)

Note: Virginia Retirement System has 3 other plans.

Assets

Assets at Year-End
Virginia Retirement System
2005-2019

Fiscal Year Net Assets (billions)
2005 43.1
2006 47.6
2007 56.9
2008 53.6
2009 41.3
2010 46.3
2011 53.2
2012 52.1
2013 57.0
2014 64.5
2015 66.4
2016 66.4
2017 73.0
2018 76.9
2019 80.3

Source: Public Plans Database

Membership

Ratio of Actives to Beneficiaries, 2005-2019

Fiscal Year Virginia Retirement System US State and Local Pensions
2005 2.7 2.1
2006 2.7 2.0
2007 2.6 2.0
2008 2.5 1.9
2009 2.4 1.9
2010 2.3 1.8
2011 2.2 1.7
2012 2.1 1.6
2013 2.0 1.5
2014 1.9 1.5
2015 1.8 1.4
2016 1.8 1.4
2017 1.7 1.4
2018 1.7 1.3
2019 1.6 1.3

Source: Public Plans Database

Cash Flows

Cash Flow vs. Total Assets (Millions)
Virginia Retirement System
2005-2019

Fiscal Year Cash Flow Assets
2005 -580.6 43,059.9
2006 -646.9 47,626.7
2007 -490.2 56,890.2
2008 -516.9 53,599.6
2009 -759.5 41,348.4
2010 -1,295.7 46,287.0
2011 -1,848.9 53,151.1
2012 -1,700.9 52,091.4
2013 -1,192.1 56,979.2
2014 -1,332.4 64,522.3
2015 -1,013.5 66,431.1
2016 -1,130.4 66,439.3
2017 -1,455.7 73,000.3
2018 -1,465.4 76,889.0
2019 -1,656.4 80,317.6

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Virginia Retirement System
2005-2019

Fiscal Year Virginia Retirement System National Average
2005 -1.3 -2.2
2006 -1.4 -2.2
2007 -0.9 -2.1
2008 -1.0 -2.3
2009 -1.8 -3.1
2010 -2.8 -3.2
2011 -3.5 -3.1
2012 -3.3 -3.3
2013 -2.1 -3.1
2014 -2.1 -2.9
2015 -1.5 -2.8
2016 -1.7 -3.0
2017 -2.0 -2.9
2018 -1.9 -2.6
2019 -2.1 -2.6

Source: Public Plans Database