CAFR - Fairfax County Public Schools

educational employees’ supplementary Retirement system of Fairfax County
actIVe MeMber ValuatIon Data
Summary of Member Data
(Last Eight Years)
annual annual annual % Increase in
Valuation Date number Payroll average Pay avg. annual Pay
December 31, 2004 18,720 977,817,281 52,234 6.9
December 31, 2005 19,081 1,050,216,544 55,040 5.4
December 31, 2006 19,371 1,111,827,576 57,396 4.3
December 31, 2007 19,599 1,161,431,668 59,260 3.2
December 31, 2008 19,731 1,211,140,009 61,383 3.6
December 31, 2009 19,891 1,208,092,606 60,735 (1.1)
December 31, 2010 20,141 1,191,290,190 59,148 (2.6)
December 31, 2011 20,976 1,246,973,240 59,448 0.5
retIreeS anD beneFIcIarIeS aDDeD anD reMoVeD
year number
As of December 31
Added to Payroll Removed from Payroll Payroll at End of Year
annualized
Monthly
benefit number
annualized
Monthly
benefit number
annualized
Monthly benefit
average
annualized
Monthly
benefit
% Increase
in Monthly
benefit
2004* 989 1,465,852 288 175,242 7,430 8,872,997 1,194 11.72
2005 481 615,969 201 106,627 7,710 9,587,825 1,244 8.06
2006 531 729,364 212 124,532 8,029 10,124,699 1,261 5.60
2007 539 727,585 214 129,189 8,354 10,705,991 1,282 5.74
2008 461 660,186 220 147,638 8,595 11,189,751 1,302 4.52
2009 426 596,102 249 162,485 8,772 11,565,358 1,318 3.36
2010 563 774,606 254 170,078 9,081 11,916,352 1,312 3.03
2011 629 851,853 243 169,704 9,467 12,410,208 1,311 4.14
* With the transition from fiscal year to calendar year valuations, the added and removed
calculations reflect an 18-month time span.
61 ACTUARIAL seCTIon
ACTUARIAL