MCERA engages an independent actuary to conduct annual and periodic actuarial studies.

View the Actuarial reports.


MCERA’s financial reports provide in-depth financial, investment, actuarial and statistical information. The reports are prepared in accordance with accounting principles set forth by the Governmental Accounting Standards Board (GASB).

View the Financial reports.


The Governmental Accounting Standards Board (GASB) is an independent organization that establishes and improves standards of accounting and financial reporting and is recognized as the official source of generally accepted accounting principles (GAAP) for U.S. state and local governments.

View the GASB reports.


The Retirement's Board's overall goal for MCERA investments is to build a portfolio that meets or exceeds the long-term actuarial assumption for return on net assets in order to provide our members with their promised benefits.

View the Investment reports.