Retirement Systems

Fairfax County, Virginia

CONTACT INFORMATION: For a limited time, like other County offices, we are open but our office is closed. We are available by phone, email, fax or on the web

12015 Lee Jackson Memorial Highway, Suite 350
Fairfax, VA 22033

Jeff Weiler,
Executive Director

Employees' Retirement System

ERS image

Plan Designations

  • Plan A or Plan B:
    • Employee Members who started work for Fairfax County on or before December 31, 2012
  • Plan C or Plan D:
    • Employee Members who started work for Fairfax County on or after January 1, 2013
  • Plan E:
    • Employee Members who started work for Fairfax County on or after July 1, 2019

Contributions to Employee Retirement System

Employee:
  • Plans A & C:
    • 4% of salary up to the Social Security Taxable Wage Base (2019 = $132,900) PLUS
    • 5.333% of salary in excess of the Social Security Taxable Wage Base
  • Plans B, D & E:
    • 5.333% of salary
Employee contributions earn 5% interest annually
Employer:
  • Varies yearly, determined by amount required to fund the plan based on actuarial calculations.
  • As of July 1, 2019 - 28.35%.

Types of Retirement Benefits

Normal Service Retirement

Eligibility:
  • All Plans:
    • Age 65 with five or more years of service
  • Plans A & B:
    • Rule of 80 (Age + Service = 80) Minimum age of 50
  • Plans C, D & E:
    • Rule of 85 (Age + Service = 85) Minimum age of 55
Benefit Calculation:

FAS (Final Average Salary) = average of member’s highest 78 consecutive pay periods (36 months) salary

  • Plan A and Plan C:
    • 1.8% x FAS x Years of Benefit Service x 1.03
  • Plan B and Plan D:
    • 2.0% x FAS x Years of Benefit Service x 1.03
  • Pre-Social Security Benefit (Plans A, B, C and D):
    • 1.0% x FAS x Years of Benefit Service x 1.03
  • Plan E:
    • 2.0% x FAS x Years of Benefit Service

Early Service Retirement

Eligibility:
  • Rule of 75 (Age + Service = 75) Minimum age = 50
Benefit Calculation:
  • Same as Normal Service Retirement and dependent upon which plan the member was in, but reduced by a percentage based on age at the time of early retirement. No Pre-Social Security Benefit payable.

Deferred Vested

Eligibility:
  • Age 65 if the employee has 5 or more years of service and contributions remained in the system
Benefit Calculation:
  • Same as Normal Service Retirement and dependent upon which plan the member was in.

Ordinary Disability

Eligibility:
  • At least five years of retirement eligible service. Disability is not job-related.
Benefit Calculation:
  • 2.0% x FAS x Years of Benefit Service (Max of 30 years) x 1.03
  • No Pre-Social Security Benefit payable.

Service-Connected Disability

Eligibility:
  • Any amount of retirement eligible service qualifies. Disability must be job-related.
Benefit Calculation:
  • 66-2/3% of FAS less payments from Workers' Compensation

DROP (Deferred Retirement Option Program)

Eligibility:
  • Same as Normal Service Retirement and dependent upon which plan the member was in.

Survivor Benefits

  • Before Retirement
    • Either optional spouse's benefit equal to 50% of the employee's benefit as of the date of death or refund of contributions and interest.
  • After Retirement
    • Either optional Joint and Last Survivor benefit of 50%, 66-2/3%, 75%, or 100% of retiree's reduced benefit or refund of remaining employee contributions and interest.


Click here for more on the Cost-of-Living Adjustment (COLA)

 


Minimum/Maximum Benefits:

  • Minimum: $300 annually.
  • Maximum: amount allowed under I.R.C. Section 415.

 

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