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COLUMBUS, Ohio – For the ninth consecutive year, the Ohio Police & Fire Pension Fund (OP&F) has received the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA) for its Annual Budget for Fiscal Year 2010.
The Distinguished Budget Presentation Award reflects the commitment of OP&F to meet the highest principles of governmental budgeting. To receive the award, OP&F has to satisfy nationally recognized guidelines for effective budget presentation. The guidelines assess how well OP&F’s budget serves as a policy document, a financial plan, an operations guide and a communications device.
“This award is the highest form of recognition in government budgeting. To receive it for nine years in a row is an honor, and a reflection of OP&F’s dedication to be responsible fiduciaries managing our resources with the highest ethical standards,” said William J. Estabrook, OP&F Executive Director.
GFOA is a nonprofit professional association serving 17,600 government finance professionals throughout North America. The Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.
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 53,000 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.