Comprehensive Annual Financial Report


Comprehensive Annual Financial Report (CAFR)

In addition to the financial statements, the CAFR contains information on CCCERA’s investments, actuarial information regarding funding, and statistical information on CCCERA membership. Information contained in the report is designed to provide a complete and accurate review of the year’s operations.

The CAFR complies with the accounting requirements promulgated by the Governmental Accounting Standards Board (GASB). The CAFR is compiled by CCCERA and audited by an independent accounting firm certified by the American Institute of Certified Public Accountants (AICPA). The Government Finance Officers Association (GFOA) has awarded CCCERA a Certificate for Excellence in Financial Reporting for each year since 2000.

Each CAFR covers one calendar year and is published in June of the following year.

2015 CAFR

Download the 2015 CAFR

The net position – restricted for pensions of CCCERA at the close of December 31, 2015 and 2014 years totaled $7.0 billion and $6.9 billion, respectively. All of the net position is available to meet CCCERA’s ongoing obligations to plan participants and their beneficiaries.

This report reflects CCCERA’s implementation of Governmental Accounting Standards Board Statement Number 67 for 2015 and 2014. The implemented schedule of Net Pension Liability in the notes section together with the Schedule of Changes in Net Pension Liability and Related Ratios provides an up-to-date financial indication of the extent to which the total pension liability is covered by the fiduciary net position of the Pension Plan. This information improves the financial statements users’ ability to compare the total pension liability for similar types of pension plans. Please note that liabilities on these schedules are calculated solely for financial reporting purposes and are not intended to provide information about the funding of CCCERA’s benefits.

CAFR Archive

2014 CAFR

2013 CAFR

2012 CAFR

2011 CAFR

2010 CAFR

2009 CAFR

2008 CAFR

2007 CAFR

2006 CAFR

2005 CAFR

2004 CAFR

2003 CAFR