Virginia Retirement Systemfor Active & Retired Members
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February 2025

VRS made significant strides in fiscal year 2024, reflecting its ongoing commitment to delivering retirement security for members. Watch the video for an overview of this past year’s milestones.

Highlights from FY 2024

  • $6.5 billion in retirement benefits paid to VRS members and beneficiaries.
  • Investment portfolio growth: The value of the VRS portfolio increased by $8.3 billion, ending the fiscal year at $114.3 billion.
  • myVRS registrations rose by 12.4%, with 566,258 members now using the platform.

Read the Full Reports

For a deeper dive into VRS’ financial, investment and statistical performance, see:

Learn More About VRS

If you’re new to VRS or want a refresher, check out VRS 101for an overview of retirement plans, membership, funding and services.