GASB 68 Pensions

Financial Accounting and Reporting for Pensions

New reporting requirements for government pension plans will have significant impact on local governments' financial statements. The new standard changes how governments must report pension-related costs and obligations. This section of the Auditor of State's website will be devoted to providing resources to local governments and independent auditors providing audit services to local governments.

GASB 68 Resources:

  • Iowa Public Employees Retirement System (IPERS):
    • The various GASB 68 Actuary reports as well as other GASB Resources are available at
  • Municipal Fire and Police Retirement System of Iowa¬†(MFPRSI):
    • The GASB 68 Actuary and Auditor reports as well as the GASB 68 calculator for MFPRSI are available at

Printed from the website on April 25, 2018 at 3:23am.