RICHMOND, Va., Aug. 12, 2026 /PRNewswire/ — The Virginia Retirement System’s trust fund grew to $135.2 billion in market value as of June 30, 2026, following a 12.1% investment return, net of fees, for the fiscal year. The return exceeded the fund’s long-term assumed rate of return of 6.75%.

This year’s return continues to build on a decade of growth, with the fund’s market value increasing by approximately 10.1% over the last year.

The fund’s total performance met or exceeded board-established custom benchmarks over the five and 10-year periods and was just short of the benchmarks for the one- and three-year periods. However, the three- five- and 10-year returns exceeded VRS’ actuarial assumed rate of…