FY2023 data · Public Plans Database

Educational Employees' Supplementary Retirement System of Fairfax County

The Public Plans Database's 23-year record for Educational Employees' Supplementary Retirement System of Fairfax County: funded ratio, unfunded liability, member counts, and investment returns, compiled by Boston College CRR and cross-checked against actuarial valuations.

Browse all states → How we grade plans

By PlainPension · July 2026 · Virginia · Teachers Plan · Data through FY2023

Funded ratio: 60.9%
Health grade: CReported funded ratio below full funding
Market assets: $3.08B
Members: 42,730

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Educational Employees' Supplementary Retirement System of Fairfax County is one of 197 public pension plans tracked nationwide. The plan card reports FY2023 valuation figures; the multi-year table includes FY2024 where PPD published it; this site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

Unfunded Liability

$1.98B

actuarial shortfall

Total Members

42,730

active + retired + vested

1-Year Return

9.6%

net investment return

3.3pp vs 5-yr avg

5-Year Avg Return

6.3%

annualized, net of fees

How Educational Employees' Supplementary Retirement System of Fairfax County Funded Ratio Compares

Plan Funded Ratio 60.9%

National avg

A ratio of 60.9% compared against the national public-pension average of 75.5%.

Healthy Threshold

Plans above 80% are generally considered adequately funded by NASRA standards.

Participant Composition

The active-to-retiree ratio is a leading indicator of long-term plan sustainability, plans with more retirees than active contributors face mounting cash-flow pressure as benefit payments outpace incoming contributions.

Investment Policy Mix

Public pension plans report their asset allocation in their annual CAFR and actuarial valuation. Equity-heavy mixes capture market upside but introduce volatility; fixed-income tilts protect funded status during downturns at the cost of long-run return.

Historical Funded Ratio

Year	Funded Ratio	Assets	Unfunded	Members
2024	61.8%	N/A	N/A	N/A
2023	60.9%	$3.08B	$1.98B	42,730
2022	59.7%	$3.00B	$2.02B	41,450
2021	61.8%	$3.27B	$2.02B	40,617
2020	60.3%	$2.59B	$1.71B	39,898
2019	61.7%	$2.52B	$1.56B	39,145
2018	62.2%	$2.45B	$1.48B	38,329
2017	67.7%	$2.30B	$1.10B	37,561
2016	71.0%	$2.11B	$860M	36,621
2015	72.2%	$2.18B	$839M	35,637
2014	73.7%	$2.20B	$788M	35,308
2013	76.4%	$1.96B	$604M	34,406
2012	76.4%	$1.83B	$566M	33,304
2011	81.6%	$1.89B	$426M	31,941
2010	85.0%	$1.61B	$283M	31,234
2009	88.4%	$1.44B	$189M	30,891
2008	91.8%	$1.86B	$165M	30,364
2007	98.2%	$2.02B	$37M	29,644
2006	98.6%	$1.77B	$24M	28,825
2005	97.3%	$1.65B	$45M	27,951

What the Data Says About Educational Employees' Supplementary Retirement System of Fairfax County

Educational Employees' Supplementary Retirement System of Fairfax County reports a funded ratio of 60.9% as of fiscal year 2023, earning a financial health grade of C in the Public Plans Database. The plan holds $3.08B in market assets against an unfunded liability of $1.98B. As a Teachers plan operating under Virginia sponsorship, it covers 42,730 members (22,916 active contributors, 13,747 retirees drawing benefits).

Educational Employees' Supplementary Retirement System of Fairfax County is funded above the midpoint but still carries a real shortfall, 15 points below the 75.5% national average across tracked plans. A 5-year average investment return of 6.3% factors into the plan's overall trajectory.

For Virginia taxpayers and plan members, the $1.98B unfunded gap is the actuarial shortfall this plan must close over time.

Where this data comes from + how funding gaps get resolved

These figures come from the Public Plans Database, a collaboration between the Boston College Center for Retirement Research and NASRA that compiles them from each plan's Comprehensive Annual Financial Reports (CAFRs) and actuarial valuations. The relationship between contribution adequacy and investment performance determines whether an unfunded liability narrows or expands year over year, and the gap itself is typically closed through some combination of higher contributions, investment returns, or benefit modifications. See our methodology for how public-pension funding differs from ERISA-backed private plans, and our disclaimer below before acting on this data.

Membership

22,916

Active Members

13,747

Retirees

42,730

Total Members

Plan Details

Plan Type: Teachers
State: Virginia
Market Assets: $3.08B

Source: Public Plans Database (PPD)
Boston College CRR / NASRA

Plans With a Similar Funded Ratio

The closest plans nationwide to Educational Employees' Supplementary Retirement System of Fairfax County's 60.9% funded ratio.

District of Columbia Retirement Board 59.8%
Austin Employees' Retirement System 62.1%
Illinois Municipal Retirement Fund 62.2%
Tucson Supplemental Retirement System 62.2%
Los Angeles Fire and Police 59.3%

Other Virginia Plans

Fairfax County Employees' Retirement System 97.6%
Fairfax County Uniformed 86.6%
Virginia Retirement System 65.9%
Fairfax County Police 48.4%

All Virginia plans →

Pension Guides

Frequently Asked Questions

Is Educational Employees' Supplementary Retirement System of Fairfax County fully funded?

Educational Employees' Supplementary Retirement System of Fairfax County has a funded ratio of 60.9% as of FY2023, earning a health grade of C. The reported ratio shows actuarial assets divided by actuarial accrued liabilities for the stated fiscal year. Its interpretation depends on the plan's assumptions, valuation date, and contribution history.

What happens if Educational Employees' Supplementary Retirement System of Fairfax County runs out of money?

A public plan's reported ratio is only one part of its financial picture. PlainPension does not predict actions by Educational Employees' Supplementary Retirement System of Fairfax County, Virginia, or any public body.

What does a funded ratio of 60.9% mean?

A funded ratio of 60.9% means that Educational Employees' Supplementary Retirement System of Fairfax County currently has assets equal to 60.9% of its projected benefit obligations. The unfunded liability, the gap between assets and liabilities, stands at $1.98B. This represents a moderate funding gap that requires ongoing monitoring.

How does Educational Employees' Supplementary Retirement System of Fairfax County compare to other public pensions?

Educational Employees' Supplementary Retirement System of Fairfax County is a Teachers plan in Virginia serving 42,730 members. Nationally, the average funded ratio for public pension plans tracked by the Public Plans Database is approximately 75.5%. Educational Employees' Supplementary Retirement System of Fairfax County's funded ratio of 60.9% places it below the national average, indicating elevated fiscal pressure.

How many members does Educational Employees' Supplementary Retirement System of Fairfax County have?

Educational Employees' Supplementary Retirement System of Fairfax County covers 42,730 total members, including 22,916 active employees and 13,747 retirees currently receiving benefits. The ratio of active members to retirees is a key indicator of plan sustainability, when the number of retirees grows relative to active contributors, funding pressure increases.

Browse all → | Rankings →

Data sourced from official Public Plans Database and actuarial valuations from federal and state pension systems. See our methodology for details. Retrieved and formatted by PlainPension

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Public Plans Database (PPD). Consult a qualified professional before making decisions based on this data.

Read our methodology - how this data is sourced, computed, and verified.

Data sources used on this page

Public Plans Database (PPD) - funded ratios, assets, liabilities, and member counts for US state and local public pension plans, maintained by the Boston College Center for Retirement Research with MissionSquare Research Institute and NASRA. publicplansdata.org
NASRA - National Association of State Retirement Administrators public-pension actuarial and policy references. nasra.org

Compiled byPlainPension, Pension Fund Health Editorial Process · July 23, 2026

Every figure on PlainPension is rendered directly from the Public Plans Database (Boston College Center for Retirement Research), no number is typed in by an editor. This page aggregates this plan's funded ratio, unfunded liability, and multi-year financial history, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.