Virginia Retirement System Revenue and Competitors

The Virginia Retirement System, an independent state agency, administers defined benefit, defined contribution and hybrid plans along with other benefits for Virginia's public sector employees. We are headquartered in Richmond, Virginia.\n\nVRS ranks as the 19th largest public or private pension fund in the U.S. and the 41st largest in the world, serving approximately 723,000 active and inactive members, retirees and beneficiaries. Active members include about 148,000 teachers, 111,000 political subdivision employees and 89,000 state employees. VRS paid out approximately $5.0 billion in benefits to more than 214,000 retirees and beneficiaries in fiscal year 2019. About 86% of VRS retirees and beneficiaries reside in Virginia.\n\nFind VRS on Facebook and Join the Conversation: @VirginiaRetirementSystem.\n\nThe VRS and myVRS logos are registered trademarks of the Virginia Retirement System.