West Virginia Public Employees' Retirement System

State retirement systemstate general· West Virginia

State retirement system, based in West Virginia, reporting $9.1B in assets, for 95,500 participants.

Composed from this allocator's classification, location and filed figures.

Assets
$9.1B
Private allocation
30.0%
As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. No dated change on record yet.

People to know

View all people
  • Executive Director
    Why: Executive director: runs the plan or the office
    No route on file yet

Capital path

who backs this record, through what, into what; each name opens its own path
Who decides
West Virginia Public Employees' Retirement System

Relationship network

3 connected entities

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

West Virginia Public Employees' Retirement System
WV
Reading the network
  • Service provider
  • Person
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$9.1B
Total assets, Jun 30, 2024 reported
Funded
not on record
not filed
Private markets target
30.0%
policy Jun 30, 2025
Commitments
0
none on the tape

Allocation policy

ACFR, as of Jun 30, 2025
Asset class (as printed)BucketTargetRangeActualGapBasis
Fixed IncomeFixed income15.0%reported wvretirement.com
Hedge FundsHedge / diversifiers10.0%reported wvretirement.com
Private Credit and IncomePrivate credit6.0%reported wvretirement.com
Private EquityPrivate equity12.0%reported wvretirement.com
Equity (including Portable Alpha)Public equity45.0%reported wvretirement.com
Real EstateReal estate12.0%reported wvretirement.com

Consultants and advisers

1 firm

Decision makers

who to call first about an allocation, and why; then everyone else by function
  • Jeffrey E. Fleck · Executive Director
    Why this person: Executive director: runs the plan or the office
Who else at this allocator · 1 person, grouped by function
Board, advisers and operating partners (1)

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

People

2 roles

Manager roster

No manager relationship is on the tape for this allocator.

What changed

No dated events yet.
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.

Size and funding

56 readings
Total assets
$9.1B Jun 30, 2024 reported Census ASPP
$8.4B (2023-06) · $8.0B (2022-06)
Fiduciary net position
$9.1B Jun 30, 2024 reported Census ASPP
$8.4B (2023-06) · $8.0B (2022-06)
Long-term investments
$9.1B Jun 30, 2024 reported Census ASPP
$8.4B (2023-06) · $8.0B (2022-06)
Total pension liability
-$165M Jun 30, 2024 derived Census ASPP
$496M (2023-06) · $143M (2022-06)
Discount rate
7.25% Jun 30, 2024 reported Census ASPP
7.25% (2023-06) · 7.25% (2022-06)
Participants
95,500 Jun 30, 2024 reported Census ASPP
93,365 (2023-06) · 91,962 (2022-06)
Active members
35,003 Jun 30, 2024 reported Census ASPP
34,952 (2023-06) · 35,576 (2022-06)
Beneficiaries
29,867 Jun 30, 2024 reported Census ASPP
29,405 (2023-06) · 29,009 (2022-06)
Benefits paid
$527M Jun 30, 2024 reported Census ASPP
$507M (2023-06) · $489M (2022-06)
Investment expense
$23.6M Jun 30, 2024 estimated Census ASPP
$22.3M (2022-06)

Provenance

Identifiers: Census PID6 228215
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 23, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio, fund commitments.

›Connections

every published relationship on the graph

+1 connection on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.