CalPERS Issues Update on GASB 68 Valuation Reports
The California Public Employees’ Retirement System (CalPERS) GASB
68 webpage has been updated with the GASB 68 accounting valuation
report samples for Public Agencies and Schools. Public
agency employers can access my|CalPERS to order their GASB 68
accounting valuation reports.
For Public Agency agent multiple-employers, requested reports will be available to retrieve from my|CalPERS by June 2015 for those agencies with fiscal years ending June 30, 2015. Additionally, the agent audit report will also be available by the end of June 2015 from CalPERS On-Line. A circular letter will be distributed to notify employers these reports are available to download.
For Public Agency cost-sharing multiple-employers, requested reports will be available to retrieve from my|CalPERS by July 31, 2015 for those agencies with fiscal years ending June 30, 2015. Additionally, the cost-sharing audit report will also be available by July 31, 2015 from CalPERS On-Line. A circular letter will be distributed to notify employers these reports are available to download.
For those Public Agencies with fiscal years ending after June 30, 2015, the GASB 68 Accounting Valuation Reports and Audit report will be available between December 2015 and February 2016.
For GASB 68-specific questions, employers can email CalPERS_GASB_68@calpers.ca.gov or call 888-225-7377.
Bill to Allow FEHA Protections for Reserve Peace Officers Advances to Senate
Assembly Bill 272, by Assembly Member Tom Lackey, would provide
that a person deputized or appointed by the proper authority as a
reserve deputy sheriff or a reserve city police officer is
an employee of the county, city, city and county, town, district
or other such proper authority for all purposes of the Fair
Employment and Housing Act (FEHA).
CSAC is in opposition to AB 272. Reserve officers are unpaid volunteers who work shifts as needed when shifts are available. Our major concern is that the legislature will be essentially creating a discrimination/retaliation claim for persons who an entity is not actually required to use as a volunteer. For example, a claim could be brought if a reserve preferred one assignment over another, but was not selected for his/her preferred assignment. Entities currently have the flexibility to decide under what circumstances they will use reserve officers and to decide who to use. This flexibility would be removed if reserves can sue for discrimination as any number of them could bring a claim simply because another person was chosen for an assignment rather than them.