Status of Statement No. 68

Summaries / Status

Status of Statement No. 68
Accounting and Financial Reporting for Pensions—an amendment of GASB Statement No. 27


Status


Issued: June 2012

Effective date: For fiscal years beginning after June 15, 2014

Affects: 
  • Amends NCGAS 1, ¶157
  • Amends NCGAI 6, ¶4
  • Amends GASBS 10, ¶2
  • Amends GASBS 14, ¶63
  • Amends GASBS 16, fn7
  • Amends GASBS 24, ¶3
  • Amends GASBS 27, ¶3
  • Amends GASBS 33, ¶5
  • Amends GASBS 34, ¶129 and fn47
  • Amends GASBS 38, ¶13
  • Amends GASBS 47, ¶4, ¶17, and ¶19
  • Amends GASBS 50, ¶3
  • Amends GASBTB 2004-2, ¶1 and ¶5–¶7
Affected by:
  • Paragraph 4 amended by GASBS 78, ¶2
  • Footnote 2 amended by GASBS 82, ¶8
  • Paragraph 5 amended by GASBS 78, ¶3
  • Paragraph 6 amended by GASBS 73, ¶4 and ¶7
  • Paragraph 7 amended by GASBS 73, ¶10
  • Footnote 5 amended by GASBS 75, ¶4 and ¶5
  • Footnote 6 amended by GASBS 75, ¶4
  • Paragraph 13 amended by GASBS 78, ¶2
  • Paragraph 15 amended by GASBS 82, ¶6
  • Paragraph 34 amended by GASBS 73, ¶122
  • Paragraph 36 amended by GASBS 85, ¶8
  • Footnote 13 superseded by GASBS 73, ¶118
  • Paragraph 46 amended by GASBS 73, ¶119 and ¶GASBS 82, ¶6
  • Paragraph 47 amended by GASBS 73, ¶117
  • Paragraph 48 amended by GASBS 73, ¶118
  • Footnote 15 amended by GASBS 73, ¶118
  • Paragraph 57 amended by GASBS 73, ¶122
  • Paragraph 58 amended by GASBS 73, ¶122
  • Paragraph 73 amended by GASBS 85, ¶8
  • Paragraph 81 amended by GASBS 73, ¶119 and GASBS 82, ¶6
  • Paragraph 82 amended by GASBS 73, ¶117
  • Paragraph 90 amended by GASBS 73, ¶120 and ¶121
  • Footnote 22 amended by GASBS 73, ¶120 and ¶121
  • Paragraph 94 amended by GASBS 73, ¶120 and ¶121
  • Footnote 23 amended by GASBS 73, ¶120 and ¶121
  • Paragraph 95 amended by GASBS 73, ¶120 and ¶121
  • Paragraph 107 amended by GASBS 85, ¶8
  • Paragraph 114 amended by GASBS 73, ¶119
  • Paragraph 115 amended by GASBS 73, ¶117
  • Paragraph 120 amended by GASBS 73, ¶118
  • Paragraph 121 amended by GASBS 85, ¶8
  • Paragraph 137 amended by GASBS 71, ¶3
  • Paragraph 139 amended by GASBS 82, ¶5 
Other Interpretive Literature:
  • GASB Implementation Guide 2015-1
  • GASB Implementation Guide 2016-1
Primary Codification Section Reference: P20


Abbreviations for Accounting Pronouncements

GASBS - GASB Statements
GASBCS - GASB Concepts
GASBI - GASB Interpretations
GASBTB - GASB Technical Bulletins
BFC - Basis For Conclusions
NCGAS - NCGA Statements
NCGAI - NCGA Interpretations
SOP - AICPA Statements of Position
ASLGU - AICPA Audit Guide
GASB Q&A - GASB Implementation Guides