VRS 80 Years Celebration & Overview slide image

VRS 80 Years Celebration & Overview

Unfunded OPEB Liabilities and Funded Status by Plan (Dollars in Thousands) 48 V Virginia Retirement RS System 2020 2021 System UAAL based on MVA (Dollars in Thousands) Funded Status UAAL based on MVA (Dollars in Thousands) Funded Status Group Life $ 1,728,029 51.8% $ 1,111,390 68.5% HIC State $ 899,066 12.2% $ 836,804 19.9% HIC Teachers VSDP $ SS $ 1,286,380 10.1% $ 1,277,095 13.2% (241,350) 197.0% $ (361,816) 244.7% HIC Locals in Aggregate HIC Constitutional Officers SS $ 52,204 31.9% $ 27,069 15.9% HIC Social Services $ 12,646 13.3% HIC Registrars $ 450 21.9% VLDP Teachers $ 447 86.6% VLDP Political Subdivisions $ 433 88.5% ssssss $ 49,490 40.1% $ 26,572 20.1% $ 12,488 15.8% $ 421 28.6% $ (486) 109.5% $ (1,163) 123.2% Note: Unfunded liabilities and funded status using market value of plan assets.
View entire presentation