Status of Technical Bulletin No. 2004-2

Status of Technical Bulletin No. 2004-2

Recognition of Pension and Other Postemployment Benefit Expenditures/Expense and Liabilities by Cost-Sharing Employers

Status

Issued: December 2004

Effective Date:
For pension transactions: December 15, 2004
For OPEB transactions: simultaneously with GASBS 45
 
Affects:
  • Provides guidance on GASBS 27, ¶16, ¶17, and ¶19; GASBS 45, ¶19−¶21 and ¶23; and GASBS 68, ¶73, ¶107, and ¶121 
Affected by:
  • Paragraph 1 amended by GASBS 68, ¶4−¶6, ¶73, ¶107, and ¶121; GASBS 73, ¶10 and ¶116; and GASBS 78, ¶3; will be amended by GASBS 75, ¶4, ¶6, and ¶141
  • Paragraphs 2−4 amended by GASBS 73, ¶4 and ¶7; will be superseded by GASBS 75, ¶4 and ¶6
  • Paragraph 5 amended by GASBS 68, ¶4−¶6, ¶73, ¶107, and ¶121and GASBS 73, ¶10; will be amended by GASBS 75, ¶4, ¶6, and ¶140
  • Paragraph 6 amended by GASBS 68, ¶5 and GASBS 73, ¶4 and ¶7; will be amended by GASBS 75, ¶4 and ¶6
  • Paragraph 7 amended by GASBS 68, ¶4–¶6, ¶73, ¶107, and ¶121, and GASBS 73, ¶10; will be amended by GASBS 75, ¶4, ¶6, and ¶141
  • Paragraphs 10 and 11 amended by GASBS 73, ¶4 and ¶7; will be superseded by GASBS 75, ¶4 and ¶6
Other Interpretive Literature:
  • GASB Implementation Guide 2015-1
Primary Codification Section References: P20, P50

References:
  • GASB Statement No. 27, Accounting for Pensions by State and Local Governmental Employers
  • GASB Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions
  • GASB Statement No. 68, Accounting and Financial Reporting for Pensions


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