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.
To view the annual reports for previous years please visit our Archived Financial Reports page
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 12/31/2023
Actuarial Valuation as of 12/31/2022
Actuarial Valuation as of 12/31/2021