RD45 - Virginia Retirement System Report on Audit for the Year Ended June 30, 2012


Executive Summary:
Our audit of the Virginia Retirement System for the year ended June 30, 2012, found:

• the financial statements are presented fairly, in all material respects;

• no internal control findings requiring management’s attentions; and

• no instances of noncompliance or other matters required to be reported under Government Auditing Standards

We have audited the basic financial statements of the Virginia Retirement System as of and for the year ended June 30, 2012, and have issued our report thereon, dated November 26, 2012. Our report is included in the Virginia Retirement System’s Annual Report that it anticipates releasing on or around December 4, 2012.