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Virginia Retirement System (158)

483.Investment, Trust, and Insurance Services (72500)21,619,50920,905,909
25,145,448
Investment Management Services (72504)21,619,50920,905,909
25,145,448
Fund Sources:Trust and Agency21,619,50920,905,909
25,145,448

Authority: Title 51.1, Chapters 1, 2, 2.1, and 3, Code of Virginia.

By September 30 of each year, the VRS Board of Trustees shall report to the Governor and the Chairmen of the House Appropriations and Senate Finance Committees on the prior fiscal year’s results obtained by the internal investment management program.  The report shall include a comparison of investment performance against the board’s benchmarks and an estimate of the program’s fee savings when compared to similar assets managed externally.


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