Retirement Systems

Fairfax County, Virginia

CONTACT INFORMATION: Our office is open 8:00 AM - 4:30 PM M-F/ Closed between 2:00 PM - 3:00 PM M-F / Walk-ins 11:00 AM - 2:00 PM M-F

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

Jeff Weiler,
Executive Director

Retirement Plans for employees hired after July 1, 2019

On December 4, 2018, the Board of Supervisors approved changes to the retirement systems' Code to create new plans in each system for employees hired on or after July 1, 2019. The changes are as follows:


Employees' System

All new employees in the Employees’ Retirement System hired on or after 7/1/19 will be in Plan E. Plan E is exactly the same as ERS Plan D, except that:

  • The benefit formula will no longer include the 3 percent one-time ad on factor (2.0% x final average salary x Benefit Service = $ Your retirement benefit)
  • there will be no Pre-Social Security Benefit
  • there will be an Early age Option, to temporarily increase retirement benefits until normal SS age; with a reduced post SS benefit

A comparison of the various ERS plans are summarized in a Comparison Chart (link).


Police Officers System

All new Police Officers hired on or after 7/1/19 will be in Plan C. Plan C is exactly the same as PORS Plan B, except that The benefit formula will no longer include the 3 percent one-time ad on factor (2.8% x final average salary x Benefit Service = $ Your retirement benefit)

A comparison of the various Police plans are summarized in a Comparison Chart (link).


Uniformed System

All new employees in the Uniformed Retirement System hired on or after 7/1/19 will be in Plan F. Plan F is exactly the same as URS Plan E, except that:

  • The benefit formula will no longer include the 3 percent one-time ad on factor (2.5% x final average salary) x Benefit Service = $ Your retirement benefit)
  • there will be no Pre-Social Security Benefit
  • there will be an Early age Option, to temporarily increase retirement benefits until normal SS age; with a reduced post SS benefit

A comparison of the various Uniformed plans are summarized in a Comparison Chart (link).

 

 

 

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