SDCERS Receives Certificate of Achievement for Excellence in Financial Reporting for 18th Consecutive Year

Date: Aug 17, 2026   

The Government Financial Officers Association (“GFOA”) has awarded SDCERS the Certificate of Achievement for Excellence in Financial Reporting for SDCERS’ 2025 Annual Comprehensive Financial Report (“ACFR”) and Popular Annual Financial Report (“PAFR”). This is the 18th year in a row SDCERS has received this recognition!

Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to San Diego City Employees' Retirement System California for its annual comprehensive financial report for the fiscal year ended June 30, 2025 and issued to the public 144 days after the fiscal year end; signed by Christopher P. Merrill, Executive Director/CEO. Ribbon image with text stating "issued faster than 79% of 2024 winners"

The GFOA is a non-profit professional association serving approximately 15,000 government finance professionals. SDCERS’ ACFR and PAFR were judged by an impartial panel and deemed to have met the high standards of the certificate program, including demonstrating an effective means to disclose and clearly communicate SDCERS’ financial story and to motivate Members and the public to read the ACFR and PAFR.  This award is the highest form of recognition in the area of government accounting and financial reporting. It represents a significant accomplishment by a governmental agency and its management.

SDCERS’ award-winning ACFRs and PAFRs are available online and can be viewed here.

Document Under Categories: Annual Comprehensive Financial Report (ACFR)News ArticlesPress Release