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GASB 45 Information & Resources I Van IwaardenLearn more about GASB 45 and get tips and implementation help.
http://www.gasb45opeb.com/
Learn more about GASB 45 and get tips and implementation help.
http://www.gasb45opeb.com/
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GASB 45 Information & Resources I Van Iwaarden | gasb45opeb.com Reviews
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Learn more about GASB 45 and get tips and implementation help.
gasb45opeb.com
GASB 45 Case Studies I Van Iwaarden
http://www.gasb45opeb.com/casestudies.html
GASB 45 focused a bright light on the cost of retiree health benefits and other OPEB's. That was exactly the point. In the past, most government employers didn't recognize OPEB costs until employees actually retired. That tended to mask the cost until it was too late to do anything about it. Once the cost is unmasked, forward-thinking governments have moved to control them. Here's how some of our clients have dealt with the issue. Case 1: big city, early adopter. Case 2: midsize city, shift to DC accounts.
GASB 45 Resources
http://www.gasb45opeb.com/resources.html
Summary of GASB 45. By the Government Accounting Standards Board. Dispelling OPEB "Urban Legends". By Stephen Gauthier, Government Finance Officers' Association (GFOA). From the League of MN Cities. GASB 16, 27, 45 and 47: How to Deal with Them. By Girard Miller, governing.com. We Have the OPEB Numbers, Now What? By Van Iwaarden Associates, MASBO Conference, April 2009. The Next Retirement Time Bomb. By Milt Freudenheim and Mary Williams Walsh, New York Times,. December 11, 2005.
GASB 45 FAQs
http://www.gasb45opeb.com/faqs.html
When do we have to comply with the new GASB 45 rules? Big employers (over $100 million revenue) had to comply in 2007, midsize ($10 million to $100 million revenue) in 2008, everyone else for fiscal years starting in 2009. OPEB's are "other" post-employment benefits, i.e. other than pensions. Retiree health coverage which usually generates the biggest OPEB costs,. Other retiree benefits like dental, vision and life insurance coverage, and. What liability shows on our financial statements? Pay the full co...
About Van Iwaarden Associates I GASB 45 Actuaries
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What is GASB 45? GASB stands for the Governmental Accounting Standards Board. They develop the accounting rules for public sector employers. In 2004, GASB issued Statements No. 43 and 45 for Other Post-Employment Benefits (OPEB's). GASB 43 is for funded plans and GASB 45 is for public employers. These statements require governmental entities to recognize the cost of OPEB's when they are earned (while employees are working), rather than when they are paid (after employees retire).
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GASB 45 Compliance GASB 43 GASB45 Accounting Standards GASB 43 Jefferson Solutions
GASB 43 Accounting Standards. GASB 45 Accounting Standards. GASB 45 And 43 Accounting Standards. GASB 45 OPEB Blog. Helping Government Entities Solve Complex Problems. Posted by GASB Ray. On Feb 28, 2014. Jefferson Solutions, Inc. Learn about GASB 43 and 45 from our glossary of terms. Posted by GASB Ray. On Feb 28, 2014. Jefferson Solutions, Inc. Your resource to understand the intricacies of GASB 43 and 45. Posted by GASB Ray. On Feb 28, 2014. Jefferson Solutions, Inc. Posted by GASB Ray. On Feb 28, 2014.
Milliman GASBhelp - Home
Lessons for GASB 45 Valuations. Three years after the adoption of GASB Statement 45, questions still remain about OPEB valuations. Read this article for the answers to some common questions about GASB 45 compliance. Take our industry survey. Tell us about your organization and see how other plan sponsors respond. Learn about compliance and get verified results with GASBhelp. GASBhelp — your solution to GASB 45 compliance. For the GASB 45 AMM and to use GASBhelp. GASB 45 is changing to GASB 75.
GASB 45 Information & Resources I Van Iwaarden
Government Accounting Standards Board (GASB) statements don’t need to be as frightening and complex as they sound. Van Iwaarden Associates has developed this site to provide accurate information about the topic and answer frequently asked questions. We hope you find this site useful. If you don’t find what you’re looking for, feel free to contact us at 888.596.5960. Our experience enables us to see issues ahead of time and to do your work quickly and efficiently. That keeps our fees among the lowest ...
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