Financial Reports
Financial Reports
OCERS financial reports provide in-depth financial, actuarial and statistical information. The reports are prepared in accordance with accounting principles set forth by the Governmental Accounting Standards Board (GASB).
Quarterly Financial Reports
View OCERS’ most recent:
OCERS’ Administrative Budget
OCERS’ Administrative Budget represents the anticipated operating cost for the calendar year, including funding of initiatives to help OCERS achieve its strategic goals. The budget, prepared on an accrual basis in accordance with Generally Accepted Accounting Principles (GAAP), is regulated by California Government Code Sections 31580.2 and 31596.1 and meets the administrative expense cap of 0.21% of the Actuarial Accrued Liability.
Annual Comprehensive Financial Report
The Annual Comprehensive Financial Report contains information about OCERS’ investments, financial statements, funding and membership. Information contained in the report is designed to provide a complete and accurate review of the year’s operations.
GASB 67 & 68 Resources
GASB 67 & 68-related documents are important in helping employers, 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.
Actuarial Information
The Actuarial Valuation and Review reports summarize the actuarial data used in our valuation, establish the funding requirements for each fiscal year, and analyze each preceding year’s experience.
- Actuarial Valuation as of 12/31/2018
- Actuarial Valuation as of 12/31/2017
- Review of Economic Actuarial Assumptions for 12/31/2014
- The Evolution of OCERS Unfunded Actuarial Accrued Liability
- Actuarial Valuation as of 12/31/2019
- Actuarial Valuation as of 12/31/2020
- Actuarial Valuation as of 12/31/2021
- Actuarial Valuation as of 12/31/2022
- Actuarial Experience Study 01/01/2020-12/31/2022
- Actuarial Valuation as of 12/31/2023
- Actuarial Valuation as of 12/31/2024
- Actuarial Valuation as of 12/31/2025
- Read more
FPPC Form 801
FPPC Form 801 (Payment to Agency Report) discloses payments, gifts, or travel-related contributions made to OCERS by outside sources when the agency uses or benefits from them. The form ensures transparency and compliance with the Fair Political Practices Commission (FPPC) regulations by identifying the purpose of the payment, the benefiting officials, and how the payment serves a public purpose.