Will your Agency be in compliance with GASB 43 & 45?
California Public Agencies are faced with significant compliance and financial standards under the Governmental Accounting Standards Board (GASB) guidelines. These guidelines establish reporting requirements for Other Post-Employment Benefits (OPEB) Plans - typically any benefits provided to retirees other than pensions such as health benefits, dental, vision, life insurance. They also establish standards for the valuation, recognition and disclosure of OPEB expense, expenditures and liabilities.

The projected unfunded liability for retiree welfare premiums can be catastrophic. The challenge for school districts and local governments is to determine how to manage these benefit costs going into the future.

How will you resolve these issues and avoid the headaches associated with them?

Futuris is the 'Great GASB Alternative'. Find out how it can solve your problems.