WebGASB 73 - Accounting and Financial Reporting for Pensions and Related Assets That Are Not within the Scope of GASB Statement 68, and Amendments to Certain Provisions of GASB Statements 67 and 68 Introduction / Summary •Covers pension plans not administered through trust arrangements – not within scope of GASB 68 –Both DC and … WebAdditional information about the TPL can be found in the GASB 67 report. This report contains the GASB 68 collective employer reporting amounts. The individual employer reporting ... The following table provides a summary of the key results during this reporting period. Table I-1 Summary of Collective Results Measurement Date 6/30/2024 6/30/2024
Summary - Statement No. 67 - GASB
WebGASB Statements No. 67 and 68 changed the way pension liabilities are reported. GASB Statement 67 (PDF) replaces the requirements of the existing GASB Statement 25 … WebAccording to GASB 67/68, the municipal bond yield or index rate to be used for benefit payments expected to be paid after the depletion date is based on 20-year, tax-exempt, general obligation municipal bonds, with an average rating of AA/Aa or higher (or equivalent quality on another scale). false armistice day
Louisiana School Employees
Webis based on the results of the GASB 67 report for TRA, which was issued November 8, 2024. See that report for more information on the member data, actuarial assumptions and methods used in developing the GASB 67 results. GASB 68 requires the inclusion of a portion of the System’s Net Pension Liability (NPL) on each WebGASB 67 and GASB 68 standards . ... Please scroll down to see the different standards including full text, summary, and status information. The GASB Implementation Toolkit is available here. The toolkit provides video overviews, fact sheets, and articles produced by GASB prior to implementing the new standards. WebGASB 68 was effective for employer fiscal years beginning after June 15, 2014. GASB 68 applies to pension plans that are administered through trusts in which contributions are … false aralia light requirements