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 Virginia Retirement System Preference Beneficarys Statement  Form 2011

2011-2024 Form

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You know after you come out of recessions you know individuals learned that they had to cut back and businesses had to cut back as well and also the government is they have to spend in a recessionary period to help you know inflate the economy a little but then also ultimately they have to cut back as well and that kind of feeds into what's going on generally in Virginia with the Virginia Retirement System the Virginia Retirement System recognized that they have not been funding it properly for many years it was easy for them to ignore unfortunately funding to the fullest amount necessary and once they found themselves in a fairly large hole they're actually a very large hole they certainly recognized that they had to address it somehow, so the current administration is doing a good job well focusing on what are the right steps the federal government went through the same thing back in the 80s when they switched from the civil service retirement systems of the Federal Employees Retirem

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