Accounting

CalPERS Discusses Possible Changes to Funding Policy

Alan Milligan, CalPERS Chief Actuary, made a presentation to CSMFO on February 22nd, preceded by a CalPERS Board workshop on the 21st. The presentation discussed potential changes to the contribution methodology that will likely result in much higher contribution rates and higher volatility in normal years but much less contribution volatility for extreme events. These would likely first impact FY 15/16 contribution rates.

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Brief Summary of GASB 68 (August 2012)

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John Bartel Speaks at Public Retirement Journal’s Seminar 9/19/2012

Presentation available in PDF on the Articles page.

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NEWS RELEASE 06/25/12 by GASB

New GASB Pension Accounting Standards Approved.

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