Investor Presentaiton

39 Summary KI RS Virginia Retirement System Hybrid Retirement Plan is the largest active member plan. • • Creates a shared risk model between employer and employee. Lowered employer benefit plan costs. Contribution rates continue to remain fairly stable. Recent infusions and maintaining higher contribution rates have improved plan health and generated long-term savings. Meaningful positive steps taken, but unfunded liabilities remain. Any new plan design changes or benefit enhancements require careful consideration with respect to increasing liabilities and funding requirements.

View entire presentation