GASB 68 FY21
Required GASB 68 Reporting Information for the year ended June 30, 2020
The document below provides net pension liability by city, schedules of deferred inflows of resources by city, deferred outflows of resources by city, and the related pension expense by city for MFPRSI.
Actuarial GASB 68 Report and Calculator
MFPRSI's actuary provided a report summarizing the costs, liabilities, and assets based on asset values as of June 30, 2020 and member census data as of July 1, 2020. This report provides liability exposure by city and replaces both Schedule I and Schedule II as released in previous years.
These schedules are designed to be used in conjunction with our sample GASB 68 calculator spreadsheet, which can be utilized by selecting the link below:
Sample Footnotes
MFPRSI has provided the State Auditor with sample footnotes. The sample footnotes can be found by selecting the link below:
Fiscal Year 2020 GASB Information
GASB 68 information for Fiscal Year 2020 can be found here.
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