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Actuarial Valuations

An actuarial valuation is performed to determine whether the assets and contributions are sufficient to provide the prescribed benefits, and to establish contributions which fully fund the Association's liabilities as level as possible, as a percentage of payroll, for each generation of active members.

To obtain a copy of the most current VCERA Actuarial Valuation Report (AVR), click on the following links to download:

Actuarial Experience Studies


Comprehensive Annual Financial Report

The Comprehensive Annual Financial Report (CAFR) is a publication that provides in-depth information about the operations and financial position of VCERA.  The information contained in this report is intended to provide the reader with a complete and accurate understanding of the past year's operations and other significant information regarding the retirement system, which includes employees of the County of Ventura, the Ventura County Courts, and the Ventura Regional Sanitation District.   Readers will find the CAFR helpful in understanding VCERA's commitment to financial integrity and member services. Responsibility for both the accuracy of the data, and the completeness and fairness of the presentation of financial information, rests with VCERA'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.

To obtain a copy of the most current VCERA financial reports, click on the following links to download:

Annual Adopted Administrative Budget

The Board of Retirement adopts an administrative budget annually and the budget's purpose is to set the spending limits and to document the spending plan for the year that is needed to fulfill VCERA's mission.

To obtain a copy of the most current annual administrative budget, click on the following link to download:

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