Boards and Governance


GASB and Actuarial Information

The Governmental Accounting Standards Board (GASB) establishes accounting and financial reporting standards for U.S. state and local governments.

TCRS is providing the information on this site for your convenience; however, as the employer you are responsible for your financial statements, including application of the GASB 68 provisions. We recommend that you utilize the services of your internal and external auditors to understand the requirements of GASB 68 and determine the appropriate disclosures and accounting entries.

Document Descriptions

The table below provides general guidance on locating GASB 68 information within the different public reports sections.

Document Description
Public Reports Section
General information and reports pertaining to more than one employer ID, regardless of pension plan type.
Information and reports pertaining to a single LEA employer ID.
Local Education Agencies
Information and reports pertaining to a single Political Subdivision employer ID.
Political Subdivisions
Information and reports pertaining to the State and a single Higher Education Institution employer ID.
GASB 67 Actuarial Reports.