The Government Finance Officers Association (GFOA) awarded the Certificate of Achievement for Excellence in Financial Reporting to the General Assembly Retirement System of Illinois for its comprehensive annual financial report (CAFR) for the fiscal year ended June 30, 2017.

The Certificate of Achievement is a prestigious national award recognizing excellence in the preparation of state and local government financial reports.

To be awarded a Certificate of Achievement, a governmental unit must publish an easily readable and efficiently organized CAFR, whose contents meet or exceed program standards. This report must satisfy both generally accepted accounting principles and applicable legal requirements.

A Certificate of Achievement is valid for a period of one year only. The General Assembly Retirement System of Illinois has received a Certificate of Achievement for the past twenty-nine consecutive years (fiscal years ended June 30, 1989 through June 30, 2017).