Financial and Actuarial Reports

The Popular Annual Financial Report (PAFR) is a brief overview of the Federated City Employees’ Retirement System's finances and investments. It is the “Reader’s Digest” version of the Annual Comprehensive Financial Report.

The Annual Comprehensive Financial Report (ACFR) contains detailed information about the Federated City Employees’ Retirement System's finances and investments, including the plan's assets, liabilities, funding sources, and funded status.