GASB Pension Standards

Fiduciary Responsibility

• Project page

Governmental Accounting Standards Board (GASB) Documents

• Project page

• Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans, GASB Exposurue Draft, 3/5/20
• Internal Revenue Code Section 457 Deferred Compensation Plans That Meet the Definition of a Pension Plan and Supersession of a Pension Plan and Supersession of GASB Statement 32 [PDF], GASB Exposure Draft, 6/24/19
• Fiduciary Activities [PDF], GASB Exposure Draft, 12/17/18
• GASB Implementation Guide No. 2018-1, Implementation Guidance Update — 2018, 5/18
• GASB Statement No. 84: Fiduciary Activities, 1/17
• GASB Statement No. 83: Certain Asset Retirement Obligations, 11/16
• GASB Statement No. 82: Pension Issues (an amendment of GASB Statement Nos. 67, 68, and 73), 3/16
• GASB Statement No. 78: Pensions Provided through Certain Multiple-Employer Defined Benefit Pension Plans (an amendment of GASB Statement No. 68) [PDF], 12/15       
• Guide to Implementation of GASB Statement 68 on Accounting and Financial Reporting for Pensions, 1/29/14
• New GASB Pension Statements to Bring About Major Improvements in Financial Reporting, 12/13
• GASB Toolkit Helps Pension Plans Implement New Accounting Standards, 11/11/13
• Guide to Implementation of GASB Statement 67 on Financial Reporting for Pension Plans, 6/13
• GASB Pension Revamp Introduces Major Improvements, The User's Perspective, Summer 2012
• GASB Statement No. 67: Financial Reporting for Pension Plans (an amendment of GASB Statement No. 25) [PDF], 6/12
• GASB Statement No. 68: Accounting and Financial Reporting for Pensions (an amendment of GASB Statement No. 27) [PDF], 6/12
• GASB Improves Pension Accounting and Financial Reporting Standards, news release, 6/25/12
• GASB Proposes Major Improvements for Pension Reporting, news release, 7/8/11
• Financial Reporting for Pension Plans, an amendment of GASB Statement No. 25 [PDF], GASB Exposure Draft, 6/27/11
• Accounting and Financial Reporting for Pensions, and amendment of GASB Statement No. 27 [PDF], GASB Exposure Draft, 6/27/11
• Plain-Language Supplement [PDF], 6/27/11
• GASB Issues Preliminary Views on Potential Improvements to Pension Standards, news release, 6/16/10
• Preliminary Views: Plain-Language Supplement [PDF], 6/16/10
• Fact Sheet [PDF], 6/17/10
 

Economic Condition Reporting: Financial Projections (projections of financial obligations to include bonds, pensions, other postemployment benefits, and long-term contracts)  

• News release
• Preliminary Views document
• Plain-language article
• Podcast
• Project page

News and Analysis

• GASB Proposes New Reporting Rules for 457 Plans, PLANSPONSOR, March 9, 2020
• GASB Proposal Updates Section 457 Plan Guidance, National Association of College and University Business Officers, 7/24/19
• GASB proposes changes to Sec. 457 plan reporting, Journal of Accountancy, 6/28/19
• New Fiduciary Activities Guidance Issued for Governments, Cherry Bekaert, 2/3/17
• GASB Issues Statement No. 82 - Pension Issues Amending GASB Statements No. 67, No. 68, and No. 73, Cheiron, 4/16
• GASB addresses pension accounting practice issues, Journal of Accountancy, 4/11/16
• GASB 67 Implementation Deadline Nears Are Pension Plans Prepared? Cheiron, Winter 2014
• GASB 67/68: Beginning implementation and overview, Milliman, 1/14
• Some public pension execs worry new GASB rule will add fuel to fire, Pensions & Investments, 10/1/12
• GASB vote places unfunded pension liabilities on government balance sheets, Journal of Accountancy, 6/25/12
• New rules may make public pensions appear weaker, Reuters, 6/25/12
• GASB rules have pension execs prepping own accounting standard, Pensions & Investments, 6/5/12
• GASB 27 Exposure Draft on Employer Accounting and Financial Reporting for Pensions: A Detailed Advisory [PDF], Cheiron, Fall 2011
• GASB 25 Exposure Draft on Financial Reporting for Public Pension Plans: A Detailed Advisory [PDF], Cheiron, Fall 2011
• GASB's Exposure Drafts on New Public Pension Accounting Released July 8, 2011: New Rules Eliminate ARC and Disclose Pension Liability on Balance Sheet, Cheiron, 7/8/11
• GASB Preliminary Views on Pension Reporting Point to Radical Shift in Accounting Practices [PDF], Cheiron, Summer/Fall 2010