Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|GASB Adopts Two OPEB Statements (PDF)|
June 12, 2015
"The changes in [Other Postemployment Benefit (OPEB)]-related financial reporting are sweeping in scope. For most employers, the result will be an increase in the balance sheet liability and a significant increase in the volatility of annual OPEB expense. There are several areas that are significant departures from current practice and may therefore cause concern for governmental employer."
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