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Deferred Compensation Investment Committee
Information on the Investment Committee, Including Bylaws and Meeting Materials
The 403(b) and 457(b) Plans provide a broad range of investment choices to provide eligible participants the opportunity to save for retirement on a tax-deferred basis. Fairfax County Public Schools' Deferred Compensation Investment Committee (the "Committee") ensures decisions made are in the best interest of the Plans’ participants and that the Plans' assets are managed in accordance with all relevant laws governing their operation. Fiduciaries are not responsible for losses resulting from the participant's investment selection, or from any action taken in accordance with the participant's investment direction.
The Committee meets each quarter, and occasionally off-cycle, to review the Plans’ performance. Below you will find the materials from each Committee meeting for the previous two years.
Investment Policy Statement for 403(b) Plan
The Deferred Compensation Investment Committee Guidelines
Deferred Compensation Investment Committee Bylaws
Investment Committee Meeting Materials
1st Quarter Review - June 6, 2024 (rescheduled from May 22, 2024)
4th Quarter Review – March 18, 2024
- Investment Committee Meeting Agenda, March 18, 2024
- 457(b) Investment Review - 4th Quarter Review
- 403(b) Investment Review - 4th Quarter Review
- FCPS Deferred Compensation Committee Discussion Guide
3rd Quarter Review – December 13, 2023
- Investment Committee Meeting Agenda, December 13, 2023
- 457(b) Investment Review - 3rd Quarter Review
- 403(b) Investment Review - 3rd Quarter Review
- FCPS Deferred Compensation Committee Discussion Guide
Off-Cycle Meeting – November 13, 2023
Off-Cycle Meeting – October 31, 2023
2nd Quarter Review, September 20, 2023
- Investment Committee Meeting Agenda, September 20, 2023
- FCPS Deferred Compensation Committee Discussion Guide
- 457(b) Investment Review - 2nd Quarter Review
- 403(b) Investment Review - 2nd Quarter Review
1st Quarter Review, May 24, 2023
4th Quarter Review, March 22, 2023
- Investment Committee Meeting Agenda, March 22, 2023
- 403(b) Investment Review - 4th Quarter Review
- Investment Review - 4th Quarter Review
Off-Cycle Meeting, February 27, 2023:
- Investment Committee Meeting Agenda, February 27, 2023
- FCPS Deferred Compensation Committee Discussion Guide (REVISED)
- SECURE 2.0 Mandatory Provisions
3rd Quarter Review, December 14, 2022
- Investment Committee Meeting Agenda, December 14, 2022
- Investment Review - 3rd Quarter Review
- Supplemental Materials - 3rd Quarter Review
Off-Cycle Meeting, December 1, 2022 (rescheduled from November 10, 2022):
- Investment Committee Meeting Agenda, December 1, 2022
- FCPS Discussion Guide, September 28, 2022
- FCPS Discussion Guide, November 10, 2022
- FCPS Annuity Contract
2nd Quarter Review, September 28, 2022
- Investment Committee Meeting Agenda, September 28, 2022
- Investment Review - 2nd Quarter Review
- Supplemental Materials - 2nd Quarter Review
- DC Committee Structure Part 2
- FCPS Annuity Contract
- Investment Policy Statements for 403(b) Plan
- Investment Policy Statements for 457(b) Plan
Off-Cycle Meeting, August 29, 2022:
- Investment Committee Meeting Agenda, August 29, 2022
- FCPS Deferred Compensation Plan Investment Structure – Part 2
- Overview of IPS Updates
- Draft Investment Policy Statement for 403(b) Plan
- Draft Investment Policy Statement for 457(b) Plan
- Deferred Comp Investment Committee Bylaws, Updated August 29, 2022
- School Board Policy 4750
- School Board Resolution for Policy 4750
1st Quarter Review, Spring 2022
- Deferred Compensation Meeting Agenda, May 25, 2022
- Deferred Compensation Meeting Agenda, April 27, 2022
- Investment Review - 1st Quarter Review
- Supplemental Materials - 1st Quarter Review
For materials prior to 2022, please contact the Office of Benefit Services by calling 571-423-3200 or submitting a ticket via FCPS StaffConnect.