Document Type

Book Chapter

Publication Date

2019

Publication Title

2019 State of the Commonwealth Report

Pages

60-91

Abstract

The Virginia Retirement System (VRS) manages the assets in the Commonwealth’s public employee retirement systems. The available evidence suggests that the VRS has been well managed and has outperformed many other state pension funds. We evaluate the VRS’s performance and suggest changes that could enable it to lower its costs even while improving its rate of return.

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