State Teachers Retirement System of Ohio

Page Description

eUPDATES for Employers

GASB 68 Talking Points Available

March 27, 2015

As part of our commitment to assisting you with implementing GASB requirements, STRS Ohio has created a list of talking points to help you answer questions related to GASB 68. Click here to view a copy of Five Things You Need to Know About GASB Reporting Standards. These talking points are intended to help you facilitate discussions with your board members, community and local media.

To further assist you, STRS Ohio has created a special section of the STRS Ohio member website where you can refer individuals to learn more about the new GASB 68 requirements. This portion of the member site includes a copy of the attached PDF along with general information about the impact of GASB 68.

Keep in mind, the information on the member site is intended for general reference and referral. As an employer, you should continue visiting our employer website for GASB-related news and information.

Upcoming Information Session

On May 27, STRS Ohio will offer a GASB Reporting Requirements information session for individuals who prepare your financial statements. Employer representatives and auditors are invited to attend. The session will be held at STRS Ohio from 10 a.m.–noon, and there is no cost to participate. Designated GASB contacts will receive an email invitation from STRS Ohio in late April.

What's Ahead

We anticipate final versions of the Schedule of Employer Allocations and Schedule of Pension Amounts by Employer will be available in late spring. We will notify you when these schedules are available.

As a reminder, you can currently view your Schedule of Contributions by Member for GASB 68 Audit Selection and Schedule of Contributions for GASB 68 by logging in to your ESS account.

We are here to assist you. If you have questions about GASB 68, please contact the STRS Ohio Employer Reporting Department toll-free at 888‑535‑4050.

Main Resources