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The election for the Educational Employees’ Supplementary Retirement System of Fairfax County (ERFC) Board of Trustees to fill one three-year term trustee vacancy will not be conducted as planned for April 23 through April 25, 2013. Section IV of Notice 4771 states that “if only one properly processed nomination petition is submitted per trustee, the voting instructions will be waived and the successful candidate(s) announced.” Michael Hairston was unopposed and will continue to serve as an ERFC trustee for three years beginning July 1, 2013. Mr. Hairston, president of the Fairfax Education Association, is currently on leave from his position as Band Director for Mark Twain Middle School, where he chaired the Music Department for 17 years. He is the Chairperson of the Board of Trustees and has served on the ERFC Board since July 2004.
The Educational Employees’ Supplementary Retirement System of Fairfax County (ERFC) has released the results of its 2013 Membership Survey, completed by more than 2,000 members, who answered questions about ERFC publications and services. (get details)
Among its member services, the ERFC Retirement office provides:
New VRS Online System Changes Monthly Service Credit Calculations
The Virginia Retirement System (VRS) has undertaken a multi-year Modernization Program to upgrade VRS technology systems and business processes. This new system titled VRS Navigator went live in November. In preparation for this automated online technology, VRS has adopted business rules which may impact how FCPS members receive service credit in a number of ways.
VRS uses two factors to calculate your retirement benefit: creditable compensation and service credit. VRS recently revised the way it calculates these factors. Creditable compensation is the basis for your average final compensation for retirement benefit calculations. Service credit is the amount of time you have worked in a covered position.
To better understand creditable compensation and monthly service credit calculations under the new VRS Modernization business rules check out the Fall 2012 issue of Member News.
The ERFC 1099-R tax statements for 2012 benefit payments are being produced and mailed to retired members by the ADP offices in Georgia. ADP has confirmed that all ERFC 1099-R statements will be mailed by the January 31st deadline. In the event you do not receive your 1099-R statement by February 4th, you may call the ERFC Finance office to request a new copy. We appreciate your patience.
ERFC Webinar- ERFC Legacy Plan (aired Monday, December 3, 2012)
How Well Do You Know Your Benefits In Retirement?
Click on the links below to view the Legacy Plan webinar in its entirety complete with viewer questions and answers.
ERFC Webinar- ERFC 2001 Plan (aired Thursday, August 30, 2012)
How Well Do You Know Your Benefits In Retirement?
Click on the links below to view the 2001 Plan webinar in its entirety complete with viewer questions and answers.
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
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:
ERFC Legacy – The Plan structure provided for members hired prior to 7/1/2001
ERFC 2001 – The Plan structure provided for members hired on or after 7/1/2001
Monday through Friday - 8:00 am – 4:30 pm
There are no emergency announcements at this time.
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:
Go to The Source
Find out about FCPS schedule changes and news through e-mail, web and cable television.
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8001 Forbes Place
Suite 300
Springfield, Virginia 22151-2205
Phone: 703-426-3900
Phone: 800-426-4208
Fax: 703-426-3984
Email: erfcoffice@fcps.edu
