EMPLOYERS

What's New?

GASB 68 FAQs

 
Audited Schedules of Employer Allocations and Pension Amounts by Employer can be found at the Audit Report link below. Information from the PERS Consulting Actuary explaining methods and assumptions on how these amounts were developed can be found at the Letter from Actuary link below. Detailed exhibits showing how amounts were developed can be found at the Exhibits from Actuary link below.

Please email us if you have questions regarding GASB 68.

June 30, 2016 Measurement Date

Transition Liability Amortization (posted 9/19/2017)

Cash Contributions Posted Subsequent to Measurement Date of June 30, 2016, per Plan  Records (Revised 10/6/2017 to include Transition Liability amortization interest).Records  

Audit Report

Letter from Actuary

Exhibits from Actuary

GASB 68 Individual Employer Schedules

June 30, 2015 Measurement Date 

June 30, 2014 Measurement Date

Beginning Balance Report

Audit Report

Letter from Actuary 

Exhibits from Actuary

Cash Contributions Posted Subsequent to Measurement Date of June 30, 2014 (Revised 12/3/2015)

Introduction to GASB 68 for Oregon PERS Employers from Milliman (PERS' actuary).

PERS' GASB 68 Disclosure Information

GASB Toolkit

GASB 67/68 Toolkit from the Public Pension Financial Forum (P2F2)

GASB approved two new standards in June 2012 that will impact PERS and its participating employers. PERS has compiled resources on this page to assist accounting and financial administrators with the implementation of the new standards.

GASB 67 will change the accounting and financial reporting of PERS and other public employee public pension plans starting in fiscal years commencing after June 15, 2013--that is, fiscal years ending June 30, 2014 and later. GASB 68 will change financial reporting of participating state and local governments beginning in fiscal years commencing after June 15, 2014--that is, fiscal years ending June 30, 2015 and later.

GASB Links

The following are links to resources located on the GASB website.

GASB "Plain Language" statement on new pension reporting standards

GASB general Q & A on new pension standards

GASB Q & A "Setting the record Straight" on new pension standards

GASB 67 Full Text Summary

GASB 68: Full Text and Summary Statement

Guide to Implementation of GASB Statement 67 on Financial Reporting for Pension Plans (This is the actual implementation guide.)

Acceptance of Use page

Pension Transition for Contributions Made Subsequent to the Measurement Date

Resources

Pension Funding: A Guide for Elected Officials

Government Pension Standards: Are You Prepared for the Ride Driven by the New GASB Pension Standard? (Video)

 

PERS provides the some publications in .pdf format. To view them, you must have the most recent version of Adobe Reader®. Download the latest version of Adobe Reader®.

In compliance with the Americans with Disabilities Act, PERS will provide these documents in an alternate format upon request. To request this, contact PERS at 888-320-7377 or TTY 503-603-7766.