ERFC Financials
Review ERFC investment policies, actuarial valuations, financial reports and more
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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.
ERFC Snapshot
![]() 1-Year Return on Investments (after fees) As of 6/30/20 |
![]() As of 12/31/19 |
![]() As of 6/30/20 |
![]() As of 12/31/19
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Total ERFC Membership
As of December 31, 2019

Contribution Rates
Fiscal Year 2021

Asset Allocation
For the period ending June 30, 2020

Performance
For the period ending June 30, 2020

ERFC Financial Reports, Policies and Documents
Comprehensive Annual Financial Report 2010-2020
- ERFC 2020 Annual Report
Comprehensive Annual Financial Report FY 2020 - ERFC 2019 Annual Report
Comprehensive Annual Financial Report FY 2019 - ERFC 2018 Annual Report
Comprehensive Annual Financial Report FY 2018 - ERFC 2017 Annual Report
Comprehensive Annual Financial Report FY 2017 - ERFC 2016 Annual Report
Comprehensive Annual Financial Report FY 2016 - ERFC 2015 Annual Report
Comprehensive Annual Financial Report FY 2015 - ERFC 2014 Annual Report
Comprehensive Annual Financial Report FY 2014 - ERFC 2013 Annual Report
Comprehensive Annual Financial Report FY 2013 - ERFC 2012 Annual Report
Comprehensive Annual Financial Report FY 2012 - ERFC 2011 Annual Report
Comprehensive Annual Financial Report FY 2011 - ERFC 2010 Annual Report
Comprehensive Annual Financial Report FY 2010
Other annual reports available upon request
ERFC Popular Annual Financial Report (PAFR) 2015-2020
Investment Policy Statement
ERFC Actuarial Valuations
- ERFC Actuarial Valuation 2019
ERFC Actuarial Valuation as of December 31, 2019 - ERFC Actuarial Valuation 2018
ERFC Actuarial Valuation as of December 31, 2018
ERFC GASB 67/68 Reports
- ERFC GASB 67/68 Report 2020
ERFC GASB 67/68 Report as of June 30, 2020 - ERFC GASB 67/68 Report 2019
ERFC GASB 67/68 Report as of June 30, 2019 - ERFC GASB 67/68 Report 2018
ERFC GASB 67/68 Report as of June 30, 2018 - ERFC GASB 67/68 Report 2017
ERFC GASB 67/68 Report as of June 30, 2017
Request for Proposals
No active RFPs
Contact Us
- 8001 Forbes Place, Suite 300, Springfield, Virginia 22151-2205
- Phone: 703-426-3900 - Toll Free: 844-758-3793 - Fax: 703-426-3984
- Email: erfcoffice@fcps.edu