Transcription of 2017 Popular Annual Report - varetire.org
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2017 Popular Annual Report - varetire.org
Popular Annual . FINANCIAL Report . A summary of VRS financial, investment and statistical information for our stakeholders above the VRS Board policy benchmark, resulting in about $ billion in excess dollars over the past 10 years. In addi- A Message tion, VRS saves approximately $41 mil- From the VRS lion per year in external management fees Director by directly managing about one-third of the plan assets in-house. Considering Patricia S. Bishop that two-thirds of retirement benefits are VRS is the funded through investment earnings, the investment team's efforts help ensure 20th Largest public or private pension that those we serve will enjoy benefits for Dear Members, Retirees and Employers: system in the , years to come.
POPULAR ANNUAL FINANCIAL REPORT 2017| 1 POPULAR ANNUAL FINANCIAL REPORT A summary of VRS financial, investment and statistical information for …
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