Ventura County Grand Jury
• 1996-1997
Ventura County Employees’ Retirement Association Retirement Fund
⚠️ Translation Notice: This content has been automatically translated. The original English text is the official version. Translation may contain errors.
⚠️ Este contenido ha sido traducido automáticamente. El texto original en inglés es la versión oficial. La traducción puede contener errores.
Findings and Recommendations 4 findings
F1
The administration of the County Retirement Fund appears to comply with provisions of the County Employees Retirement law of 1937.
No recommendations for this finding
F2
The total fund portfolio appears to have sufficient diversification to provide a safety net against adverse market conditions.
No recommendations for this finding
F3
The Board uses professional firms for assistance in providing the necessary financial expertise to achieve its goal.
No recommendations for this finding
F4
VCERA’s total assetsa re well managed, and the Board exercises due diligence in administering the Fund.
No recommendations for this finding