District Of Columbia § 1-909.02 - Annual report.
Full text of District Of Columbia D.C. Code § 1-909.02 — Annual report., with citation guidance and answers to common questions.
§ 1-909.02. Annual report.
1-909.02The Retirement Board shall publish an annual report for each fiscal year with respect to each retirement program and separate fund comprising the Funds to which this chapter applies. The report shall be filed with the Mayor and the Council in accordance with subsection (c) of this section and shall be made available and furnished to participants and beneficiaries in accordance with .
The annual report shall include the following information:
The name and business address of each Retirement Board member;
The name and business address of the agent for service of process;
The name and business address of each fiduciary;
The name of each person or entity (including any consultant, broker, trustee, accountant, insurance carrier, actuary, investment counsel, or custodial trustee), who received compensation from the Retirement Board during the preceding year for services rendered to the Retirement Board or the participants or beneficiaries of the retirement program for which a separate fund comprising the Funds was established, the amount of the compensation, the nature of the services, the relationship of the person or entity, if any, to the District of Columbia government or employee organization, and any other office, position, or employment the person or entity holds with any party in interest;
The description of each of the retirement plans and the number of employees covered by the retirement plans, including any significant change in the retirement program made during the period and the impact of the change on benefits;
The current statement of investment objectives and policies, which shall include:
The desired rates of return on assets overall;
The desired rates of return and acceptable levels of risk for each asset class;
Asset allocation goals;
Guidelines for the delegation of authority to investment managers; and
Information on the benchmarks used to evaluate investment performance;
Financial statements and notes to the financial statements in conformity with generally accepted accounting principles;
An opinion on the financial statements by the qualified public accountant, engaged pursuant to , in conformity with generally accepted auditing standards;
The actuarial statement and opinion required by ;
A description of any material interest, held by any trustee, or employee who is a fiduciary with respect to the investment management of assets of the Funds, or by a related person, in any material transaction with the system within the last 3 years;
A schedule of the rates of return, net of total investment expense, on assets of the system overall and on assets aggregated by category over the most recent 1-year, 3-year, 5-year, and 10-year periods, to the extent available, and the rates of return on appropriate benchmarks for assets of the system overall and for each category over each period; and
A schedule of the sum of total investment expenses and total general administrative expense for the fiscal year expressed as a percentage of the fair market value of assets of the Funds on the last day of the fiscal year.
The annual report shall be filed with the Mayor and the Council within 210 days after the end of the fiscal year for which it is prepared.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 1-909.02
What does D.C. Code § 1-909.02 cover?
Section 1-909.02 ("Annual report.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 1-909.02?
A common citation format is "D.C. Code § 1-909.02" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 1-909.02 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.