Joint Legislative Audit and Review Commission
The Virginia Retirement System Oversight Act (Section 30-78 et seq. of the Code of Virginia) directs the Joint Legislative Audit and Review Commission to be responsible for continuing oversight of the Virginia Retirement System. JLARC is required to publish periodic status reports and a Legislator's Guide to the retirement system. In addition, JLARC publishes semi-annual reports which summarize the performance of VRS investments.