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, ¶43 and ¶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• Footnote 13 superseded by GASBS 73, ¶118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 and fn15 amended by GASBS 73, ¶118
• Paragraphs 57 and 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
• Paragraphs 90, 94, 95, fn22, and fn23 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
• Paragraphs 123, 126–128, 132, and 133 will be amended by GASBS 101, ¶25
• Paragraph 137 amended by GASBS 71, ¶3
• Paragraph 139 amended by GASBS 82, ¶5

Other Interpretive Literature:

• GASBIG 2015-1
• GASBIG 2016-1
• GASBIG 2017-1
• GASBIG 2018-1
• GASBIG 2019-1
• GASBIG 2020-1

Primary Codification Section References: P20, P21

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