Retirement Committee

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City of Fairfax Supplemental Retirement Plans

Career City of Fairfax employees participate in two defined benefit pension plan systems, a primary plan (Virginia Retirement System or VRS), administered by the state and two supplemental plans (City of Fairfax Supplemental Retirement Plans), created and operated by the City.

The City provided Supplemental Retirement Plans cover (1) full-time and career part-time general employees and (2) police and firefighters.  Both supplemental plans are single-employer, defined benefit pension plans, authorized by the City Council and administered by the City Retirement Committee, composed of nine individuals, seven committee members and two alternates.

Upon retirement, a participant in the two City plans would receive a monthly retirement allowance which is determined based on a certain percentage of the participant’s average final compensation at the date of retirement and the number of years of the participant’s credited service.  In the event of death prior to retirement, the beneficiary receives the same monthly benefit that would have been payable to the participant, assuming the joint and 100% survivor option was elected.

Meeting Schedule:

Four times per calendar year.

Meetings:

Meeting date Agenda Minutes Documents
9/27/2016 Agenda    
5/25/2016 Agenda        Minutes  
4/11/2016 Agenda Minutes  
7/21/2015  Agenda Minutes   
6/22/2015 Agenda Minutes  
2/24/2015 Agenda Minutes  
12/2/2014 Agenda  Minutes

 

6/19/2014 Agenda Minutes Investment Performance Analysis
Absolute Return Fixed Income Manager Search
1/23/2014 Agenda Minutes

Current Members:

  • Robert L. Sisson, City Manager
  • David Hodgkins, Chairman
  • Kerry Kidd, General Employee Alternate Representative
  • Jennie Tripoli, General Employee Primary Representative
  • Martin Nachtman, Public Safety Alternate Representative
  • Craig Evans, Public Safety Primary Representative
  • Eleanor Schmidt, Councilmember
  • Jamil Ahmed, Citizen Representative
  • Jeff Cawley, Retiree Representative
  • Steve Moloney, Alternate Retiree Representative

Investment Reports:

Booklets will be posted on the website when they become available. Please check back again later.

For questions, please contact Ronalee Shelton at  703-385-2466 or email Ronalee.Shelton@fairfaxva.gov

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