This thesis is written largely from knowledge obtained through two years of experience with the administration of the Virginia Retirement System. From this experience the author has attempted to provide the reader with a deeper insight into the operation of the Virginia Retirement System than otherwise might have been possible. In some instances it may appear that the treatment has become somewhat technical, but every attempt has been made to use language which is clear and nontechnical and still retain the original meaning of the Act. If the interpretation of the provisions of the Act has been altered in any instance, it was unintentional
