The Comprehensive Annual Financial Report (CAFR)
provides in-depth information about the operations and financial
position of ACERA. Readers will find the CAFR helpful in
understanding ACERA’s commitment to financial integrity and
member services. Responsibility for both accuracy of the data,
and the completeness and fairness of the presentation, rests with
ACERA’s management. It is our intent to ensure that the
presentation of financial information is accurate and fair, and
all material disclosures have been made.
