Workbook for Calculating Reportable NPL and Proportion
The following workbook details how to calculate your entity's proportion and net pension liability/(asset) to comply with GASB 68. The worksheets may also be used as a template for calculations of these amounts.
IMPORTANT: The numbers you derive from this workbook are the NPL and proportions you should report in your financial reports, per GASB.
Employer Calculation of Total Net Pension Liability(Asset) and Proportion — posted 4/26/16
Schedules of Pension Amounts by Employer
The following schedules provide the data needed for the workbook calculations. The schedules, which have been audited by the Auditor of State, are sorted by 5-digit IPERS employer ID number and provided in Microsoft Excel. The Sample GASB 68 Calculators provided by the Auditor of State's Office may be used to complete your calculations and journal entries. We've provided a link below.
IMPORTANT: The proportions in these six spreadsheets are not the proportions to report in your financial reports. Use the workbook above to calculate the proportion to report.
GASB 68 Audit Report
GASB 68 Audit Report from the State Auditor for 2020 — dated March 16, 2021
GASB 67 Report
IPERS' GASB 67 Report as of 6/30/20 — posted November 2020 (prepared by Cavanaugh Macdonald Consulting)
GASB 68 Report
IPERS' GASB 68 Report as of 6/30/20 — posted December 2020 (prepared by Cavanaugh Macdonald Consulting)
Contributions by Employer and Group (Unaudited)
The FY2020 Contributions by Employer and Group (Unaudited) will help you with calculating deferred outflows. These contribution amounts are not audited and are only to be used as a reasonability check. You will need to reconcile them to your own records.
Additional Tools
Templates for Notes to Financial Statements, provided on the Auditor's website
Sample GASB 68 Calculator and Journal Entries, provided on the Auditor’s website
Related Information
GASB Statement 68 Q&A — updated April 28, 2016
Glossary of Related Terms
Resources From the GASB
Governmental Accounting Standards Board
Implementation Toolkit for Governments
Video: GASB Chair David Vaudt Shares Five Areas to Focus On for Successful Implementation of the New Standards
GASB Statement No. 67 Implementation Guide
GASB Statement No. 68 Implementation Guide
