2025 Financial Reports Provide Insights Into Pension Plan Funding and VRS Membership
January 2026
The 2025 VRS Annual Comprehensive Financial Report is now available online. Excerpts of the report, including financial and investment highlights, also are included in the annual reports section of Publications.
You can also check out the Popular Annual Financial Report for an easy-to-read summary and overview of VRS financial, investment and statistical highlights for the fiscal year ended June 30, 2025.
For an overview of VRS retirement plans, membership, funding and other services information, refer to the VRS 101.
Three Big Takeaways
- VRS paid $6.8 billion in retirement benefits in FY 2025. With around 84% of retirees remaining in Virginia, VRS pension dollars helped boost local economies.
- The value of the VRS investment portfolio grew $8.5 billion to end the fiscal year at $122.8 billion.
- The VRS Customer Contact Center answered 233,752 calls and responded to 13,587 emails, assisting customers with benefit and retirement questions, guiding members and retirees to online tools in myVRS, and helping them navigate difficult transitions, including disability or the loss of a loved one.
