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MFPRSI. Municipal Fire & Police Retirement System of Iowa

GASB 68 Reporting

The Governmental Accounting Standards Board issued a directive, Statement 68 (GASB 68), to improve accounting and financial reporting by state and local governments for pensions.  MFPRSI has issued its audited GASB 68 Financial Statements as of June 30, 2017, and it is available on its website.
 
In addition to the GASB 68 Financial Statements, MFPRSI has issued two supplemental schedules and a sample calculator to assist employers.  The supplemental schedules should be read in conjunction with the GASB 68 Financial Statements.