GASB Reporting Standards

The Governmental Accounting Standards Board (GASB) issued two statements in 2012 that substantially changed the accounting and financial reporting of pensions for  Colorado PERA and PERA-affiliated employers. Additionally, GASB recently issued two new statements that will change the accounting and financial reporting of Other Postemployment Benefit Plans (OPEB) for PERA and PERA-affiliated employers. All financial disclosures made by PERA are contained in the audited Comprehensive Annual Financial Report (CAFR) that is published every June.

A New Approach Under GASB (Pension)

New GASB Guidance for Other Postemployment Benefit Plans (OPEB)

For questions or more information on the new GASB statements, please contact PERA’s GASB workgroup at GASBMail@copera.org.

GASB Links

Video Presentation PDFs

Other Resources

Overview of GASB 68

GASB 68: Overview

GASB 68: A New GASB Approach

GASB 68: A New GASB Approach

GASB 68: Types of Pension Plans

GASB 68: Types of Pension Plans

GASB 68: Measurement Date vs. Reporting Date

GASB 68: Measurement Date vs. Reporting Date

GASB 68: Calculating the Collective Net Pension Liability

GASB 68: Calculating the Collective Net Pension Liability

GASB 68: Determination of a Discount Rate

GASB 68: Determination of a Discount Rate

GASB 68: Collective Deferrals - A Smoothing Mechanism

GASB 68: Collective Deferrals - A Smoothing Mechanism

GASB 68: Collective Pension Expense

GASB 68: Collective Pension Expense

GASB 68: Employer Proportion and Proportionate Share

GASB 68: Employer Proportion and Proportionate Share

GASB 68: Employer-Level Deferrals and Pension Expense

GASB 68: Employer-Level Deferrals and Pension Expense

GASB 68: Required Supplementary Information

GASB 68: Required Supplementary Information