Annual Financial Reports
CAFR and PAFR
The Comprehensive Annual Financial Report (CAFR) provides in-depth information about the operations and financial position of ACERA. Readers will find the CAFR helpful in understanding ACERA’s commitment to financial integrity and member services. Responsibility for both accuracy of the data, and the completeness and fairness of the presentation, rests with ACERA’s management. It is our intent to ensure that the presentation of financial information is accurate and fair, and all material disclosures have been made.
The Popular Annual Financial Report (PAFR) is an easy-to-read 6-page summary report containing highlights of the CAFR.