RD66 - Virginia Retirement System Report on Audit for the Year Ended June 30, 2016
Our audit of the Virginia Retirement System (System) for the year ended June 30, 2016, found:
• the financial statements are presented fairly, in all material respects;
• an internal control finding requiring management’s attention; however, we do not consider it to be a material weakness; 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 System as of and for the year ended June 30, 2016, and issued our report thereon, dated December 15, 2016. Our report, included in the System’s Annual Report, is available at the Auditor of Public Accounts’ website at www.apa.virginia.gov and at the System’s website at http://www.varetire.org.