GASB reporting: FY2018

The MTRS has been working with representatives from the State Comptroller’s office, the Public Employees’ Retirement Administration Commission (PERAC), and KPMG to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, 2017 to be used by our employer units in their FY2018 financial statements. GASB Statement No. 68 requires the Commonwealth to provide certain “on behalf” pension information to Massachusetts cities and towns whose teachers’ pensions the Commonwealth is responsible for funding.

Above is a link to the GASB Statement No. 68 Report which includes attestations from the Commonwealth’s independent auditor.

If you have any questions about the GASB Statement No. 68 Report or the individual schedules, please contact Michael Rodino of the State Comptroller’s office, at michael.rodino@massmail.state.ma.us, or Sean Neilon, Assistant Executive Director of the MTRS, at sean.neilon@trb.state.ma.us.

Historical Reference:

2017 Annual Statement of the Financial Condition of the MTRS 

To the Public Employee Retirement Administration Commission for the year ended June 30, 2017.