The Governmental Accounting Standards Board (GASB) issued two statements in 2012 that substantially changed the accounting and financial reporting of pensions for  Colorado PERA and PERA-affiliated employers. Additionally, GASB recently issued two new statements that will change the accounting and financial reporting of Other Postemployment Benefit Plans (OPEB) for PERA and PERA-affiliated employers. All financial disclosures made by PERA are contained in the audited Annual Comprehensive Financial Report (ACFR) that is published every June.

For questions or more information on the GASB statements, please contact PERA’s GASB workgroup at GASBMail@copera.org.