Administrator’s Forum ( CFRS Annual Financial Report & Annual Val Report )
CFRS Annual Financial Report & Annual Val Report
Dear CFRS Members,
I am pleased to provide you with the CFRS Annual Financial Statement for fiscal year 2020 and the Annual Valuation Report for FY2020. Both of these reports are linked below and can also be found on our website at www.charlottefireretire.com.
To open the links below, hoover over the link and right click.
Each year, the CFRS undergoes an annual audit which includes a review of Internal Controls where the auditor walks through the key controls, mines for unusual transactions, and reviews general computer controls. Significant audit areas including the Investments, Contributions, Benefit Payments and Participant Data are tested substantively. We have received an unmodified opinion from the auditor which means they found no issues.
Should you have any questions, please contact the CFRS office at 704-626-2728 or email@example.com