Implied subsidy must be recognized for PEMHCA (CalPERS medical) benefits in GASB 45 accounting.
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White Paper on implementing GASB 68 for California local governments published by CCMA
The CalPERS Board of Administration set the PEMHCA administration fee, as a percentage of total premiums, to 0.32%
At its June 2015 meeting, the CalPERS Board approved the 2016 PEMHCA 100/90 State Annuitant Rates
CalPERS Announces PEMHCA Minimum Contribution for 2016.
CalPERS Board approves 2016 health plan premium rates
Social Security benefits increase 1.7%, and the taxable Wage Base for 2015 is $118,500.
IRS Annual Compensation Limit increases to $265,000 for 2015.
The 2015 PEPRA Compensation limits are $117,020 and $140,424, based on a nonbinding calculation by the California Actuarial Advisory Panel (CAAP).
Topics include CalPERS changes and GASB 68, 73, 74, and 75
John Bartel will speak at sessions on CalPERS pension contributions.
Bartel Associates invited to present comments at Government Accounting Standards Board public hearing
Rules for providing health care to retirees through PEMHCA. It includes the Equal and Unequal Methods, the Vesting schedule (State or 90/100 Vesting), and use of a Cafeteria Plan
Bartel Associates submitted a comment letter to the Governmental Accounting Standards Board on their Exposure Drafts of new Statements on accounting for OPEB benefits.
Provisions, Issues, and comparison of benefits
The CalPERS Board of Administration set the PEMHCA administration fee, as a percentage of total premiums, to 0.34%
At its June 2014 meeting, the CalPERS Board approved the 2015 PEMHCA 100/90 State Annuitant Rates
CalPERS Pension and Health Benefits Committee approved proposed 2015 healthcare premiums
New accounting standards requiring recognition of unfunded OPEB and pension liabilities released as Exposure Drafts.
GASB 45 Liabilities for retiree medical benefits from large community-rated plans like CalPERS to increase 3/31/2015 per new actuarial standards.
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