Retirement Pension Plans
Retirement Pension Plans (Defined Benefit Retirement Plans)
A retirement pension plan (defined benefit plan) is a retirement plan that an employer sponsors, where employee benefits are computed using a formula that considers factors, such as length of employment, salary history, and age.
Fairfax County Public Schools participates in three different mandatory pension plans to help you achieve your retirement goals. They are administered by the following independent agencies:
- VRS and ERFC for full-time educational, administrative, or operational employees.
- FCERS for maintenance, custodial, food service, transportation, and less-than-full-time educational, administrative, or operational employees.
Visit the websites below to learn more about your respective plan and prepare for retirement.