Investments & Financials
In addition to ensuring that VCERA’s pension funds are wisely invested, great care is taken to make sure operational funds are spent prudently. VCERA is dedicated to fiscal responsibility and transparency of public records.
The VCERA Board of Retirement seeks to provide retirement, disability and survivor benefits to all vested members and their eligible beneficiaries. To achieve this long-term goal, the board works hard to ensure the pension fund is invested and managed intelligently. It hires specialized managers to invest and diversify the funds VCERA receives through contributions and investment earnings.
VCERA is committed to maintaining the highest standards in its financial reporting. This is achieved through teamwork, accountability, adherence to industry-accepted accounting standards, ethical reporting, professionalism and transparency. VCERA’s various financial reports are provided in this section.