Status of Statement No. 57

Summaries / Status

Status of Statement No. 57
OPEB Measurements by Agent Employers and Agent Multiple-Employer Plans


Issued:December 2009

Effective date:

The provisions related to the use and reporting of the alternative measurement method—on issuance
The provisions related to the frequency and timing of measurements—for actuarial valuations first used to report funded status information in OPEB plan financial statements for periods beginning after June 15, 2011


  • Amends GASBS 43, ¶33 and ¶46
  • Amends GASBS 45, ¶11, ¶12, and ¶40
  • Supersedes GASBS 45, fn5 
Affected by:No other pronouncements

Primary Codification Section Reference: P50, Pe5

Abbreviations for Accounting Pronouncements

GASBS - GASB Statements
GASBCS - GASB Concepts
GASBI - GASB Interpretations
GASBTB - GASB Technical Bulletins
BFC - Basis For Conclusions
NCGAS - NCGA Statements
NCGAI - NCGA Interpretations
SOP - AICPA Statements of Position
ASLGU - AICPA Audit Guide
GASB Q&A - GASB Implementation Guides