FAQ Category: GASB

10/30/20 – Sample FRF JE Employers With FYE 9-30-2020 Using 6-30-2020 Measurement Date

10/30/20 – FRF Sample Footnote For Employers Using 6-30-20 Measurement Date

10/30/20 – FRF Instructions For Sample Journal Entries, Footnote Disclosure and RSI For Employers With 9-30-20 FYE Using 6-30-20 Measurement Date

10/30/20 – PERSI GASB 68 2020 Allocation Report FRF

10/30/20 – PERSI GASB 68 2019 Allocation Report FRF

10/30/20 – PERSI 2020 Financial Statements

10/30/20 – FRF 2020 GASB 68 Actuary Report

This is an example of a journal entry for an employer with a September 30, 2020, fiscal year-end. If an employer has a different fiscal year-end (i.e. 8/31/20, 10/31/20, etc…) then the Deferred Outflows of Resources related to contributions subsequent to the measurement date would represent the total months of contributions after June 30, 2020, to the employers fiscal year-end.

10/26/20 – Sample JE Employers With FYE 9-30-2020 Using 6-30-2020 Measurement Date

10/26/20 – PERSI BASE PLAN Sample Footnote For Employers With a 9-30-2020 FYE Using 6-30-2020 Measurement Date

10/26/20 – PERSI BASE PLAN Instructions For Sample Journal Entries Footnote Disclosure and RSI For Employers With 9-30-20 FYE Using 6-30-20 Measurement Date

10/26/20 – GASB 68 2020 Base Plan Allocation Report

10/26/20 – GASB 68 2019 Base Plan Allocation Report

10/26/20 – PERSI 2020 Financial Statements

11/16/20 – PERSI 2020 Actuary Report

PERSI Base Plan

05/22/20 – PERSI GASB 75 2019 Allocation Report State

05/22/20 – PERSI GASB 75 2018 Allocation Report State

05/22/20 – Sample JE For Employers FYE 6-30-2020 Using 6-30-2019 Measurement Date State GASB75

05/22/20 – GASB 75 Sample Footnote and RSI For Employers With a 6-30-2020 FYE Using 6-30-2019 Measurement Date

PERSI Base Plan

05/22/20 – PERSI GASB 75 2019 Allocation Report Schools

05/22/20 – PERSI GASB 75 2018 Allocation Report Schools

05/22/20 – Sample JE For Employers Using 6-30-2019 Measurement Date Schools GASB75

05/22/20 – GASB 75 Sample Footnote Using 6-30-19 Measurement Date

2020 – For Employers with a 6/30/2020 FYE using a 6/30/2019 Measurement Date

PERSI Base Plan

04/30/20 – Sample JE For Employers FYE 6-30-2020 Using 6-30-2019 Measurement Date

04/30/20 – PERSI BASE PLAN Sample Footnote For Employers With a 6-30-2020 FYE Using 6-30-2019 Measurement Date

04/30/20 – PERSI BASE PLAN Instructions For Sample Journal Entries Footnote Disclosure And RSI For Employers With 6-30-20 FYE Using 6-30-19 Measurement Date

04/30/20 – GASB 68 2019 Base Plan Allocation Report

04/30/20 – GASB 68 2018 Base Plan Allocation Report

04/30/20 – PERSI 2019 Financial Statements

04/30/20 – PERSI 2019 Actuary Report

The GASB 68 rules apply only to accounting and reporting. They do not apply to funding and will not be used to determine contribution requirements. The GASB 68 requirements will not change the actual pension liability; the only thing that changes is where and how pension costs are accounted for in financial statements.

PERSI Base Plan

03/26/19 – PERSI GASB 75 2018 Allocation Report State

03/26/19 – Sample JE For Employers FYE 6-30-2019 Using 6-30-2018 Measurement Date

03/26/19 – GASB 75 Sample Footnote and RSI For Employers With a 6-30-2019 FYE Using 6-30-2018 Measurement Date

PERSI Base Plan

03/26/19 – PERSI GASB 75 2018 Allocation Report School

03/26/19 – Sample JE For Employers FYE 6-30-2019 Using 6-30-2018 Measurement Date

03/26/19 – GASB 75 Sample Footnote and RSI For Employers With a 6-30-2019 FYE Using 6-30-2018 Measurement Date

10/25/18 – Sample FRF JE Employers With FYE 9-30-2018 Using 6-30-2018 Measurement Date

10/25/18 – FRF Sample Footnote For Employers With 9-30-2018 FYE Using 6-30-18 Measurement Date

10/25/18 – FRF Instructions For Sample Journal Entries, Footnote Disclosure and RSI For Employers With a 9-30-18 FYE With a 6-30-18 Measurement Date

10/25/18 – PERSI GASB 68 2018 Allocation Report FRF

10/25/18 – PERSI GASB 68 2017 Allocation Report FRF

10/25/18 – PERSI 2018 Financial Statements

10/25/18 – FRF 2018 GASB 68 Actuary Report

11/20/19 – Sample FRF JE Employers With FYE 9-30-2019 Using 6-30-2019 Measurement Date

11/20/19 – FRF Sample Footnotes For Employers With 9-30-2019 Using 6-30-2019 Measurement Date

11/20/19 – FRF Instructions For Sample Journal Entries, Footnote Disclosure and RSI For Employers With 9-30-19 FYE Using 6-30-19 Measurement Date

11/20/19 – PERSI GASB 68 2019 Allocation Report FRF

11/20/19 – PERSI GASB 68 2018 Allocation Report FRF

11/20/19 – PERSI 2019 Financial Statements

11/20/19 – FRF 2019 GASB 68 Actuary Report

2019 – For Employers With a 6/30/2019 FYE Using 6/30/2018 Measurement Date

PERSI Base Plan

10/25/18 – Sample JE For Employers With FYE 6-30-2019 Using 6-30-2018 Measurement Date

10/25/18 – PERSI BASE PLAN Sample Footnote For Employers Using 6-30-2018 Measurement Date

10/25/18 – PERSI BASE PLAN Instructions For Sample Journal Entries Footnote Disclosure and RSI For Employers Using 6-30-18 Measurement Date

10/25/18 – GASB 68 2018 Base Plan Allocation Report

10/25/18 – GASB 68 2017 Base Plan Allocation Report

10/25/18 – PERSI 2018 Financial Statements

10/25/18 – 2018 PERSI Actuary Report

The GASB 68 rules apply only to accounting and reporting. They do not apply to funding and will not be used to determine contribution requirements. The GASB 68 requirements will not change the actual pension liability; the only thing that changes is where and how pension costs are accounted for in financial statements.