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PensionWatch

Is Virginia Retirement System (VRS) Fully Funded?

Virginia Retirement System (VRS) has a funding ratio of 75.1%, with $28.8B in unfunded liabilities. It has a Health Score of 70/100 (B). This plan is not covered by PBGC insurance.

Key Data

MetricValue
Funding Ratio75.1%
Health Score70/100 (B)
Unfunded Liability$28.8B
Total Participants740,000
PBGC Risk LevelNot covered
Plan Typepublic

Virginia Retirement System (VRS) has a funding ratio of 75.1%, with $28.8B in unfunded liabilities. It has a Health Score of 70/100 (B). This plan is not covered by PBGC insurance.