Fairfax County (VA) ERS — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Fairfax County (VA) ERS (Virginia) reported $5.4bn of assets for fiscal year 2025, a one-year investment return of 8.6%, and was 71.3% funded — below the ~80% mark the industry reads as sound.
| Total assets (FY 2025) | $5.4bn |
| 1-year return | 8.6% |
| 5-year return (annualised) | 7.1% |
| 10-year return (annualised) | 5.9% |
| Funded ratio (GASB) | 71.3% |
Compare Fairfax County (VA) ERS with similar plans
The plans most worth reading Fairfax County (VA) ERS against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Virginia RS | $114.4bn | 9.9% | 85.1% | Same state — Virginia |
| Arlington County (VA) ERS | $3.6bn | 10.4% | 114.5% | Same state — Virginia |
| Fairfax County (VA) Schools | $3.4bn | 9.0% | 77.5% | Same state — Virginia |
| Fairfax County (VA) Uniformed | $2.4bn | 10.1% | 77.1% | Same state — Virginia |
| Fairfax County (VA) Police | $2.0bn | 8.9% | 77.6% | Same state — Virginia |
| Montana Teachers | $5.4bn | 9.4% | 73.4% | Similar size |
Questions this page answers
How much does Fairfax County (VA) ERS have in assets?
Fairfax County (VA) ERS reported $5.4bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did Fairfax County (VA) ERS make on its investments?
Fairfax County (VA) ERS reported a 8.6% one-year investment return for fiscal year 2025, and 5.9% a year over the past ten years, per the Public Plans Database.
Is Fairfax County (VA) ERS fully funded?
Fairfax County (VA) ERS was 71.3% funded for fiscal year 2025 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.