Popular Annual Financial Report (PAFR)
The Popular Annual Financial Report (PAFR) is designed to be a user-friendly summary of SCERS’ finances. It takes the comprehensive data from the Annual Comprehensive Financial Report (ACFR) and presents it in a way that is easier to understand for members and the public.
The PAFR highlights key figures such as contribution totals, benefit payments, and investment returns. It also includes charts and visuals that show where money comes from, how it is invested, and how it is distributed to retirees and beneficiaries.
For members who want a clear, high-level view of SCERS’ finances without the technical details of the full ACFR, the PAFR is the best place to start.
