Retirement

The City of Roanoke administers its own defined benefit plan which has two active retirement systems:
  
  • Employees' Supplemental Retirement System (ESRS)
  • Employees' Retirement System (ERS)

The plan consists of a traditional defined benefit as well as a hybrid option. In addition to the pension plan, the city offers its employees a 401(h) retirement health savings plan and the opportunity to enroll in a 457 deferred compensation plan. ICMA-RC is the city's third party administrator.
 
Pension Plan Comprehensive Annual Financial Reports
Pension Plan PAFR Fiscal Year 2016-2017 (PDF)
Pension Plan CAFR Fiscal Year 2016-2017 (PDF)

Please visit the Pension CAFR Archive Page to view the several past and present Pension Plan Comprehensive Annual Financial Reports.

Link to Document Pension Trust Fund of the City of Roanoke, VA (Fiscal Year Ended June 30, 2017)