The Virginia General Assembly's
Guide to the Virginia Retirement System
Presented by the Joint Legislative Audit and Review Commission
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Administration
Benefit Programs
Funding of Benefits
Investments
Overview
Introduction
Pension Funding Policy
Adquacy of Funding
Group Life Insurance Funding
Employer Contribution Rates
Actuarially Determined Rates
Funded Rates
Funded vs Actuarial Rates
Actuarial Audits of VRS
Adequacy of Funding
GASB Reporting Standards
Net Plan Assets
Funded Status
Trend in Active vs Retired
Trend in Active vs All Other
Ratio of Revenues to Expenses
Contributions vs Expenses
Contributions vs Earnings
Group Life Insurance
Contribution Rates
Revenues and Expenses
Fund Balances
Actuarially Determined Contribution Rates
© 2010, Commonwealth of Virginia
Rev. 11-Feb-2010