VRS 80 Years Celebration & Overview
Unfunded Pension Liabilities
and Funded Status by Plan (Dollars in Thousands)
V Virginia
Retirement
RS System
47
2020
2021
System
UAAL based on AVA
(Dollars in Thousands)
Funded Status
UAAL based on AVA
(Dollars in Thousands)
Funded Status
State
$
6,417,661
75.1%
$
6,112,670
77.1%
Teachers
$
13,278,662
73.9%
$
12,021,814
77.2%
SPORS
$
325,590
73.0%
$
389,314
70.7%
VALORS
$
712,025
68.5%
$
738,351
69.3%
Judicial
$
111,633
83.5%
$
132,738
81.9%
Total State-wide systems
$
to
20,845,571
74.2%
$
19,394,887
76.9%
Political Subdivisions
3,437,211
86.4%
$
3,480,933
87.2%
Total Fund
$
24,282,782
77.1%
$
22,875,820
79.4%
System
State
2020
UAAL based on MVA
(Dollars in Thousands)
$
6,981,267
Funded Status
72.9%
2021
UAAL based on MVA
(Dollars in Thousands)
$
Funded Status
3,615,554
86.5%
Teachers
SPORS
VALORS
Judicial
Total State-wide systems
sssss
$
14,385,554
71.7%
$
351,662
70.9%
$
758,084
66.4%
$
128,417
81.1%
$
22,604,984
72.0%
$
ttttt
$
7,129,718
86.5%
$
276,498
79.2%
$
538,229
77.6%
$
60,256
91.8%
11,620,255
86.2%
Political Subdivisions
$
Total Fund
$
4,073,047
26,678,031
83.9%
74.8%
บทบ
$
609,465
97.8%
$
12,229,720
89.0%View entire presentation