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GASB issues proposals on OPEB and certain pensions

  • GASB (Governmental Accounting Standards Board) (blue) Image

Jun 19, 2014

The GASB has issued three exposure drafts, two of which are intended to significantly improve financial reporting by state and local governments related to other postemployment benefits (OPEB). The other proposal would create requirements for certain pensions not covered under the GASB’s new pension standards (Statements 67 and 68).

As described in the GASB’s news release, the three exposure drafts are as follows:

Comments on the proposals are due by August 29, 2014.

For more information, see the news release, OPEB page, and article on the GASB’s Web site.

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