# Supplemental Retirement System for Police Officers and Fire and Rescue

Supplemental Retirement System for Police Officers and Fire and Rescue is a Pension Fund based in Woodbridge, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Woodbridge, United States
- **Region:** North America
- **Address:** Woodbridge, VA, United States
- **Assets under management:** $50M – $60M (Altss estimate)
- **Website:** pwcgov.org

## Regulatory record

- **Reports private funds:** No

## About

The Supplemental Retirement System for Police Officers and Fire and Rescue operates as a single-employer defined benefit plan serving uniformed personnel in Prince William County, Virginia. It exists as a local supplement to the Virginia Retirement System, providing additional retirement and death benefits to the county's police officers and firefighters. The plan's governance flows through the Prince William Board of County Supervisors, chaired by Deshundra Jefferson, with County Executive Christopher Shorter and CFO Michelle Attreed holding key administrative roles. The fund's investment mandate spans buyouts, distressed debt, venture capital from seed to late stage, fund-of-funds commitments, mezzanine lending, special situations, and diversified commodity exposure. Its direct real-asset holdings include the Mike Pennington Scenario-Based Training Center and community infrastructure. Prince William County received GFOA's Certificate of Achievement for Excellence in Financial Reporting, a marker of transparency standards applied to this plan alongside the county's broader financial operations. The Northern Virginia Transportation Commission affiliation connects the fund to regional infrastructure planning, aligning with its real-asset holdings. While the plan does not publicly disclose a dedicated investment staff headcount, its strategy executes through the county's finance department under Attreed's direction. The plan's structural distinctiveness lies in its dual-layer design — it does not replace the state-level VRS pension but stacks additional benefits on top for a narrow class of public-safety employees. This creates a liability profile tied to a specific, physically demanding workforce, and the fund's asset mix reflects an attempt to generate excess returns to cover that supplemental obligation without overloading the county's general budget.

## Sectors

- Real Estate
- Infrastructure
- Commodities
- Venture Capital
- Private Credit
- Distressed Debt
- Fund of Funds

## People

- Deshundra Jefferson — Chair, Prince William Board of County Supervisors
- Michelle Attreed — Chief Financial Officer and Director of Finance, Prince William County
- Christopher Shorter — County Executive, Prince William County

## Questions

### Who governs the Supplemental Retirement System for Police Officers and Fire and Rescue?

The plan operates under the authority of the Prince William Board of County Supervisors, chaired by Deshundra Jefferson. The county's CFO and Director of Finance, Michelle Attreed, and County Executive Christopher Shorter serve as key administrative officers. Investment decisions are executed through the county's finance department rather than a standalone pension board, per the plan's public structure.

### How is this pension fund different from the Virginia Retirement System?

This is a supplemental plan — it layers additional retirement and death benefits on top of VRS coverage for Prince William County police officers and uniformed fire and rescue personnel. State-level VRS provides the base pension for Virginia public employees; this local plan exists because the county chose to offer enhanced benefits to its public-safety workforce.

### What asset classes does the fund allocate to?

The fund's strategy spans buyouts, distressed debt, venture capital from seed to late stage, expansion and growth equity, fund-of-funds commitments, mezzanine lending, special situations, and diversified commodity exposure. Direct real assets include training facilities in Nokesville and historic landholdings in Woodbridge and Catharpin.

### Does the plan invest directly or through external managers?

The fund uses a mix of direct investments and fund commitments across asset classes. Its venture strategy includes direct seed and early-stage exposure, while fund-of-funds and mezzanine allocations suggest external manager relationships. Commodity exposure and real-asset holdings point to additional direct mandates.

### What is the fund's approximate size?

Altss estimates the plan's assets fall in the $50 million to $60 million range based on available public financial disclosures. The plan does not independently publish a current AUM figure, and its financial reporting is embedded within Prince William County's broader Comprehensive Annual Financial Report.

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- [Simms/Mann Institute & Foundation](https://altss.com/profile/simmsmann-institute-and-foundation)
- [Pacific Realty Associates L.P. Retirement Plan & Trust](https://altss.com/profile/pacific-realty-associates-lp-retirement-plan-and-trust)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/supplemental-retirement-system-for-police-officers-and-uniformed-fire-and-rescue

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology