WebAug 15, 2024 · GASB 74 does NOT provide a Measurement Date unlike GASB 75. The Measurement Date under GASB 74 is the Reporting Date or fiscal year-end so it is important that the plan sponsor, actuaries, and … WebThe California Employers' Retiree Benefit Trust (CERBT) Fund is a Section 115 trust fund dedicated to prefunding Other Post-Employment Benefits (OPEB) for all eligible California public agencies. Even those not contracted with CalPERS health benefits can prefund future retiree benefits such as health, vision, dental, and life insurance.
GASB Statement No. 74, Financial Reporting for …
WebGASB Statement No. 74 and 75 (2024 Schedules Now Posted) GASB Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pensions was issued … WebMay 24, 2024 · Most actuarial valuations for your GASB 75 OPEB plan will include a first-year full valuation and a second-year “roll-forward,” or interim valuation. Additionally, if you are pre-funding your plan, a GASB 74 interim valuation will include your year-end asset value for your OPEB trust, as well as your yearly contribution(s). golden corral net worth
OPEB - GASB 75 - AICPA
WebMar 3, 2016 · GASB Statements 74 and 75 reflect a fundamental overhaul in the standards for accounting and financial reporting for postemployment benefits other than pensions. GASB 74 is effective for plan fiscal years beginning after June 15, 2016, and GASB 75 is effective for employer fiscal years beginning after June 15, 2024. ... WebGASB Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans By clicking on the ACCEPT button, you confirm that you have read … WebFeb 23, 2016 · Milliman has established a task force for GASB 73/74/75 that will publish a detailed series of educational articles regarding various key implementation and technical issues surrounding these new statements. This series will result in numerous articles in the upcoming months. Overview of GASB Statements 73, 74, and 75. golden corral near virginia beach