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 Annual Comprehensive 
Financial Reports​
Pension Plan Annual Financial Report Fiscal Year 2020-2021 (PDF) 
Pension Plan PAFR Fiscal Year 2020-2021 (PDF) 

Pension Plan Annual Financial Report Fiscal Year 2019-2020(PDF)
Pension Plan PAFR Fiscal Year 2019-2020 (PDF)
Pension Plan Annual Financial Report Fiscal Year 2018-2019 (PDF)
Pension Plan PAFR Fiscal Year 2017-2018 (PDF)
Pension Plan Annual Financial Report Fiscal Year 2017-2018 (PDF)
Pension Plan PAFR Fiscal Year 2016-2017 (PDF)
Pension Plan Annual Financial Report Fiscal Year 2016-2017 (PDF)



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