OCERS' most recent Quarterly Unaudited
TheComprehensiveAnnualFinancialReport(CAFR) contains information about
investments, financial statements,
andmembership. Information contained
in the report is designed to provide a complete and accurate
review of the year's operations.
Hard copies of OCERS’
2013 CAFR are
available for interested members. To obtain a copy call (714) 558-6200 or (888)570-6277 toll
free within California. You may
also e-mail your request to Amalia Gomez firstname.lastname@example.org. Be sure to include your
name, address or "pony" address if applicable.
GASB 67 & 68
GASB 67 & 68-related documents are important in helping plan
sponsors, members and other stakeholders understand accounting
rules that impact the way employers and pension plans account
for and report their defined benefit plans for employees. Here
are some important documents related to GASB 67 & 68:
The following Actuarial Experience Study reports is a review of
the actuarial experience of the Orange County Employees
Retirement System. Each study utilizes the census data of the
last three actuarial valuations and includes the proposed
actuarial assumptions to be used in future actuarial valuations.
The Review of
Economic Actuarial Assumptions are conducted by OCERS'
consulting actuary every three years in conjunction with the
completion of the triennial experience study. Economic
assumptions include such things as OCERS' investment return,
salary increases and inflation.
order to help the public better understand the long-term
nature of public pension plans and how their design allows for
the smoothing of the highs and the lows of pension costs over an
OCERS member's career, the Board of
Retirement requested staff prepare an overview of OCERS'
Unfunded Actuarial Accrued Liability (UAAL) as it
from the year 2000 through 2012. To view the
OCERS' Unfunded Actuarial Accrued Liability" document,