Financial accounting and disclosure rules issued by the Government Accounting Standards Board (GASB) as Statements 43 and 45 will have far-reaching significance for public entity employers. The following Q&As are meant to serve as a "quick start" ...
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Resources
GASB 45: Is Your District Confronting The Challenge?
Dealing effectively with GASB 45 will take leadership, analysis, time, discipline, and a team of objective legal, actuarial, and financial advisers. If you've been waiting to deal with the challenge, the time to act has arrived…
As recently as six ...
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What’s A District To Do? Evaluating Your Various Employee Benefits Commitments And Whether You Can Modify Them
As the fallout from several years of budget crises continues to filter down and through state government, local government and special districts, elected boards and district managers are left only with the hard choices – cut jobs, essential services, ...
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Promises To Keep – The Nature Of A Public Agency’s Benefits Commitment To Its Employees
This updated article addresses several important legal issues that arise when a California public agency attempts to reduce the level of benefits that it provides to its employees.
State and local governments throughout the United ...
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Public Pension Plan Choices: Too Big, Too Small & Just Right?
If you are a California governmental employer, you may have more alternatives than you realize for providing significant and cost-effective retirement benefits to your employees. Many California public agencies incorrectly assume that they must ...
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Dividends Versus Distributions In ESOP Planning
C corporations issue dividends. S corporations issue distributions. What's the difference? In ESOP planning, you might find that S corporation distributions mean the difference between being able to finance an ESOP transaction or not. In a C ...
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