SamCERA’s financial reports provide in-depth financial,
investment, actuarial and statistical information. The reports
are prepared in accordance with accounting principles set forth
by the Governmental Accounting Standards Board (GASB).
The Annual Comprehensive Financial Report (ACFR) contains
detailed information about SamCERA’s finances and investments,
including SamCERA’s assets, liabilities, funding sources,
and funded status.
The Popular Annual Financial Report (PAFR) is a brief
overview of SamCERA’s finances and investments. It’s the
“Reader’s Digest” version of the Annual Comprehensive