The PAFR, Popular Annual Financial Report, summarizes the LACERA CAFR (Comprehensive Annual Financial Report) for fiscal years ending June 30, 2008 and 2007.

The PAFR is LACERA´s opportunity to share the achievements accomplished during the fiscal year with all our members.

Within this section you will see specific financial information covering the primary sources and uses of LACERA´s assets and the growth of its portfolio.