What additional section is commonly presented in CAFRs by pension plans?

In Comprehensive Annual Financial Reports (CAFRs) prepared by pension plans, the investment section is a critical component typically included. This section is important because it provides detailed information regarding the pension plan's investment strategies, asset allocation, and performance of the investments over the reporting period. It helps stakeholders, including beneficiaries and governmental officials, evaluate how effectively the pension funds are being managed and the financial health of the pension plan.

The investment section typically includes various reports and metrics, such as the total investment returns, individual asset class performance, and any relevant benchmarks used to assess the performance of the investments. By presenting this information, pension plans enable transparency and accountability, which are essential for fostering trust among participants and plan sponsors.

The other choices represent sections that are not standard components of CAFRs for pension plans, making them less relevant in this context.