RD350 - VRS Oversight Report No. 29, VRS (Virginia Retirement System) Semi-Annual Investment Report - December 2007
As of September 30, 2007, the market value of the VRS pension fund was $59.4 billion. The return for the total fund for the one-year period ending September 30, 2007, was 18.6 percent. The fund’s performance exceeded established benchmarks for the one-, three-, five-, and ten-year periods ending September 30, 2007. The fund also exceeded the assumed actuarial rate of return, 7.5 percent, for all of these periods.