We provide several financial and actuarial reports summarizing the performance and financial health of our plans:
Annual reports, such as the Annual Comprehensive Financial Report (ACFR), Popular Annual Financial Report (PAFR)
Actuarial Valuations, such as funding valuations, financial reporting valuations, and experience studies
In addition, we provide a GASB 68 Toolkit to assist employers with their financial reporting process.
Investments
The Minnesota State Board of Investment (SBI) serves the state of Minnesota by investing the assets of state and local employee benefit plans, other public retirement savings plans, tax advantaged savings plans, and non-retirement assets.
The Minnesota State Board of Investment (SBI) is responsible for the asset management of PERA’s retirement plans.
All of SBI’s investments are governed by the Prudent Person Rule and other standards codified in Minnesota Statutes, Chapter 11A and Chapter 356A.