Financial Reports

This section contains both Comprehensive Financial Annual Reports and Popular Annual Financial Reports.

Comprehensive Annual Financial Report


The Comprehensive Annual Financial Report (CAFR) contains detailed information about MCERA's financial statements, investment performance, and actuarial assumptions, as well as data pertaining to the number and status of the system's members.

View copies of the CAFR.

Popular Annual Financial Annual Report


The Popular Annual Financial Report (PAFR) is a summary of the CAFR. It highlights only the topics of most frequent interest including net assets, revenue, expenses, and membership. Brief comments from the Administrator are also provided.

View copies of the PAFR.