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COLUMBUS, Ohio – The Ohio Police & Fire Pension Fund (OP&F) recently received the Certificate of Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA). The award recognizes OP&F’s fiscal year 2006 comprehensive annual financial report (CAFR) as an example of good accounting and financial reporting.
According to the GFOA, the certificate represents the highest form of recognition in the area of governmental accounting and financial reporting. OP&F has received the GFOA recognition in 18 of the past 19 years. The judging for the award was conducted by an impartial panel, which cited OP&F’s report as including a “spirit of full disclosure,” which “clearly communicated its financial story.”
“Each year the CAFR serves as a reference guide and a lasting record of our accounting and financial standards,” said William J. Estabrook, OP&F Executive Director. “We consider ourselves a leader among retirement systems for our excellence in these areas, and we appreciate the recognition from the GFOA of these standards.”
The 2006 CAFR is available online at www.op-f.org.
The GFOA is a nonprofit professional association serving 16,000 government finance professionals with offices in Chicago, IL, and Washington, D.C.
Created in 1965 as a result of an act passed by the Ohio General Assembly, OP&F is a multi-employer pension fund serving more than 52,000 members. OP&F provides pension, disability, and survivor benefits to Ohio’s full-time police officers and firefighters and their eligible beneficiaries and sponsors health care benefits for eligible benefit recipients.