Financials

The Educational Employees' Supplementary Retirement System of Fairfax County (ERFC) was established July 1, 1973, to provide an independent retirement plan for Fairfax County Public Schools' personnel that supplements the primary benefits they earn and receive separately from the Virginia Retirement System (VRS) and Social Security.

ERFC is a public sector defined benefit plan, which operates under terms incorporated in the Fairfax County Ordinance and the ERFC Plan Document. ERFC is governed by a seven-member Board of Trustees, which administers the retirement program according to the requirements of the Plan Document and other governing law. The Fairfax County School Board authorizes all changes governing the provisions of the plan.