Financial Reports

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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. 

2022 OCERS Budget

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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.

For Year Ended 2021

For Year Ended 2020

For Year Ended 2019

For Year Ended 2018

To view the annual reports for previous years please visit our Archived Financial Reports page

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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.

2021 GASB 67 & 68 Resources

GASB 67 Valuation

GASB 68 Valuation

GASB 68 Audit Report

UAAL vs NPL Reconciliation

To view GASB 67 & 68 reports for previous years please visit our Archived Financial Reports page.