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 Annual Comprehensive Financial Reports