Status of Statement No. 57

Summaries / Status

Status of Statement No. 57
OPEB Measurements by Agent Employers and Agent Multiple-Employer Plans


Status

Issued:December 2009

Effective date:
  • The provisions related to the use and reporting of the alternative measurement method—on issuance
  • The provisions related to the frequency and timing of measurements—for actuarial valuations first used to report funded status information in OPEB plan financial statements for periods beginning after June 15, 2011
Affects:
  • Amends GASBS 43, ¶33 and ¶46
  • Supersedes GASBS 45, fn5 
  • Amends GASBS 45, ¶11, ¶12, and ¶40
Affected by:
  • Paragraphs 1 and 2 superseded by GASBS 75, ¶27–¶42 and ¶224–¶226
  • Paragraphs 3 and 4 amended by GASBS 74, ¶38–¶57; superseded by GASBS 75, ¶27–¶42 and ¶224–¶226
  • Paragraphs 5 and 6 superseded by GASBS 75, ¶27–¶42 and ¶224–¶226
  • Paragraphs 7 and 8 superseded by GASBS 74, ¶38–¶57
  • Paragraph 9 and fn1 superseded by GASBS 75, ¶27–¶42 and ¶224–¶226
Primary Codification Section Reference: None
 

Abbreviations for Accounting Pronouncements

GASBS - GASB Statements
GASBCS - GASB Concepts
GASBI - GASB Interpretations
GASBTB - GASB Technical Bulletins
GASBIG - GASB Implementation Guides
NCGAS - NCGA Statements
NCGAI - NCGA Interpretations
AICPA SOP - AICPA Statements of Position

AICPA ASLGU - AICPA Audit Guide (1974)
BFC - Basis For Conclusions