Position Information

Executive Director
We are pleased to assist our client, The Educational Employees’ Supplementary Retirement System of Fairfax County (ERFC), in seeking their next Executive Director. ERFC is a legally separate single-employer retirement system and fund established under Virginia code to provide supplemental retirement benefits to all full-time educational and administrative support employees who are employed by the Fairfax County Public Schools. ERFC is a component unit of Fairfax County Public Schools (FCPS).  ERFC holds assets of $3.2B and serves approximately 44,800 active and retired members and employs a staff of 36. The System is based in Falls Church, VA.
 
The Executive Director reports to the Board of Trustees and leads and directs all development, management, evaluation, and modification of the multifaceted activities, programs, projects, personnel, and fiscal resources of ERFC. The Executive Director will serve as a spokesperson to the Fairfax County School Board, Division Superintendent, and Leadership Team. The Executive Director role will oversee a staff of 36 through 4 direct reports comprised of: a Deputy Executive Director, IT & Finance; a Deputy Executive Director, Operations; a Deputy Executive Director, Investments and an Administrative Assistant.
 
To learn more about the Responsibilities and Preferred Qualifications please view the link below:
 
Position Specifications
 
To apply please visit the following link https://jobs.brassring.com/TGnewUI/Search/home/HomeWithPreLoad?PageType=JobDetails&partnerid=25103&siteid=5042&Areq=24228BR
 
for questions reach out to Tamara at tamara.wesely@cbiz.com.
Position: Executive Director
Organization: The Educational Employees’ Supplementary Retirement System of Fairfax County (ERFC)
Location: Falls Church,  VA 
United States
Salary: 167,820-269,575
Posting Start Date: 2/3/2025
Date Posted: 2/3/2025
Requirements

Required

  • Any combination of education and experience equivalent to a master's degree in business administration, finance, accounting, economics, or a related field.
  • Eight (8) years of experience in management principles and techniques, investment management, retirement and pension fund administration, qualitative and quantitative analysis, and/or accounting principles, or a related field, some of which shall have been in a supervisory or leadership role.
    • Advanced degree(s) beyond the minimum degree requirement in a relevant field may be considered for some experience.
  • Knowledge of federal and state laws governing public employee retirement systems.
  • Proficiency in the use of technology and data compilation, analysis, and reporting.
  • Ability to coordinate a variety of policies, pension plans, and administrative matters between trustees, political leaders, and boards.
  • Ability to devise and maintain an action plan to ensure that ERFC remains in compliance with all governing federal, state and local laws, regulations, codes, and guidelines for functions related to public pension plans.
  • Ability to conduct complex administrative studies.
  • Ability to engage in strategic thinking, problem-solve multifaceted issues by analyzing information, evaluate results, and choose the best approach to short- and long-term problems.
  • Ability to supervise and lead with the capacity to inspire and motivate a team.
  • Ability to manage the fiscal, physical, and human resources necessary to carry out the function and programs of the office to which assigned.
  • Ability to establish and maintain successful collaborative working relationships to address complicated or long-term needs with culturally diverse stakeholders and/or Leadership.
  • Ability to exercise diplomacy when interacting with trustees, county agencies, community members, and elected officials.
  • Ability to facilitate meetings and/or present information to groups.
  • Ability to communicate effectively, both orally and in writing.
Status: This listing expires on: 4/4/2025
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Organization Information
Name:
The Educational Employees’ Supplementary Retirement System of Fairfax County (ERFC)
Address:


Falls Church,  VA 22042
United States
Email:
tamara.wesely@cbiz.com
Phone:
720-200-1723
Fax:
Contact:
Tamara Wesely
Become A Member

Becoming a member of NASRA offers a unique opportunity to join a community committed to the sound, efficient, and innovative stewardship of public retirement systems. Membership connects you with a network of professionals and experts, providing valuable insights into managing public retirement systems with a focus on sustainability and risk-averse strategies.

By joining NASRA, you gain the tools and resources to enhance the management of public retirement systems, ensuring their long-term success and reliability for generations to come.


 

What's New at NASRA: Latest Update on Employee Contributions to Public Pensions

NASRA updates six key briefs annually on public pension management. The latest focuses on employee contributions to public pensions. Unlike private sector pensions, state and local government employees contribute to their retirement benefits, a crucial practice for stable pension funding. Post-2008 financial downturn, many plans increased these contributions. This brief examines the contribution plans’ design, policies, and trends, underlining their importance in pension sustainability.