Plan Performance

Arlington’s Retirement System remains financially and actuarially sound.  The System’s position results from regular contributions from members and Arlington County combined with better than average investment returns over the long term.  With $2,303 million in net assets at June 30, 2018 and a funded status of 104.4%, the System remains well positioned to meet its obligations.

Financial Highlights

For the year ended June 30, 2018:

  • Net assets increased by $129 million to $2,303 million, primarily due to an increase in the value of investments.
  • The System’s 0.9% investment outperformance relative to the overall policy benchmark was primarily attributable to strong returns from growth-oriented global equity managers and an underweight allocation to fixed income. The fiscal year return of 8.0% was below the 8.6% median return of the TUCS Public Plan Universe, placing the System in the 70th percentile (3rd Quartile) of public plans for the year.  On a 3, 5 and 10-year basis, the System’s performance ranked in the 61st, 60th and 43rd percentiles, respectively.
  • Employer contributions totaled $54.9 million and employee contributions totaled $12.7 million. Dividend and interest income totaled $29.8 million.

Retirement benefit payments, including refunds paid to former members, totaled $105.0 million.

The diversification of investments, the funding policy and a long investment horizon positions the System to withstand difficult financial markets. We remain focused on limiting the System’s risk to potential losses. More details can be found in the Comprehensive Annual Financial Report (CAFR) below

Annual Report Fiscal Year 2017 Annual Report

The quarterly fund performance reports contain a snapshot outlining fund balance, net performance, asset allocation and key updates.

Quarterly Fund Updates

Retirement Fund Annual Summary