Certificate of Achievement for Excellence in Financial Reporting
The ERS' Annual Comprehensive Financial Report (ACFR) for the fiscal year ended June 30, 2021, was awarded the by the Government Finance Officers Association (GFOA) of the United States and Canada. The Certificate of Achievement is the highest form of recognition for excellence in state and local government financial reporting. A ACFR must satisfy both generally accepted accounting principles and applicable legal requirements.
The ERS received the Certificate of Achievement each time a ACFR was submitted to GFOA for consideration (2008-2021 and previously from 1992-2000). While the ERS is not required to prepare a ACFR, management considers it a "best practice" and plans to annually prepare a ACFR for consideration by GFOA.
Outstanding Achievement in Popular Annual Financial Reporting
The Government Finance Officers Association (GFOA) of the United States and Canada presented an Award for to the ERS for its Popular Annual Financial Report for the fiscal year ended June 30, 2020. This prestigious national award recognizes annual reports for creativity, presentation, understandability and reader appeal and is valid for a period of one-year.
This is the eleventh consecutive year the ERS applied for and received the Award.
Public Pension Standards Award for Funding and Administration
The Public Pension Coordinating Council (PPCC) recognizes public pension systems that meet the professional standards for public retirement system management and administration as set forth by the PPCC. The ERS was awarded the for 2022. The Award recognizes achievement of high professional standards in the area of plan funding and administration and serves as a benchmark by which all public defined benefit plans should be measured.
The ERS earned the Public Pension Coordinating Council’s Public Standards Award for Funding and Administration for the last seventeen consecutive years (2005-2022).