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HomeMy WebLinkAbout06. (Handout) GASB 68GASB 68 (Employers) I. Financials 11. Footnotes III. Required Supplemental Information Currently Change None UAAL reported on B/S (Statement of Net Position) Requires prior period adjustment Focuses on annual pension costs More descriptive info provided Minimal info on trend of pool Types of benefits Classes of members CCCERA Board info Investment policy Contributions Reserves Assumptions None Schedule summarizing employers last 10 years Changes in liability Ratios and trends % total of total liability of covered payroll