ERFC is pleased to announce that its annual Comprehensive Annual Financial Report (CAFR) recently garnered two awards for the FY 2015 edition. The Government Finance Officers Association (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting. This certificate is the highest form of recognition in governmental accounting and financial reporting. ERFC has won this award 19 years in a row.
The National School Public Relations Association (NSPRA) recognized the CAFR with an Award of Merit for outstanding work in educational communications. The CAFR was one of 11 FCPS publications and electronic media that was chosen to receive an award among 965 entries in the 2016 contest.
Expenditures made by retirees of state and local government provide a steady economic contribution to Virginia communities and the state economy. ERFC has produced an economic impact report highlighting the positive benefits of ERFC/VRS retiree income on Virginia’s economy.
The Educational Employees' Supplementary Retirement System of Fairfax County (ERFC) was established July 1, 1973, to provide an independent retirement plan for Fairfax County Public Schools' personnel that supplements the primary benefits they earn and receive separately from the Virginia Retirement System (VRS) and Social Security. ERFC is a public sector defined benefit plan, which operates under terms incorporated in the Fairfax County Ordinance and the ERFC Plan Document. The ERFC is governed by a seven member Board of Trustees, which administers the retirement program according to the requirements of the Plan Document and other governing law. The Fairfax County School Board authorizes all changes governing the provisions of the Plan. More
Among its member services, the ERFC Retirement office provides:
ERFC members include retirees, deferred, inactive and active Fairfax County Public Schools personnel, employed full-time in monthly-paid educational, administrative, and support staff positions. (FCPS' part-time administrative employees, as well as those employed in the Transportation, Custodial, Maintenance, or Food Services departments, are provided comparable retirement plan coverage under the Fairfax County Employees' Retirement System (FCERS).
The ERFC provides two defined benefit plan structures:
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There are no emergencies at this time.
Get the Facts
Find out where you need to go to get accurate information on FCPS closing information.
When Fairfax County Public Schools have a schedule change (closing or delay) due to inclement weather or other emergencies, the information is communicated as soon as the decision is made in these ways:
8001 Forbes Place
Springfield, Virginia 22151-2205
July 19, 2016