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ASC 715 (original FASB Statements 87, 88, and 106) governs accounting related to the calculations and disclosures entities provide under U.S. GAAP in connection with their defined benefit pension and other postretirement benefit plans. Primary deliverables include the determination of net period benefit cost and the required year-end financial statement disclosures.

We can prepare the actuarial valuations for purposes of GASB 67/68 and GASB 74/75 related to the accounting requirements of public pension and OPEB plans, respectively.

These Statements govern statutory accounting related to the defined benefit pension and other postretirement benefit plans sponsored by insurance companies. The National Association of Insurance Commissioners (NAIC) adopted SSAP 92 and SSAP 102 in March of 2012, for the purpose of more closely aligning statutory accounting with U.S. GAAP accounting.  SSAP 92 and SSAP 102 were effective January 1, 2013 (earlier adoption was permitted).

• Funding Requirements
• Annual Certification
• Pension/OPEB Expense
• Financial Disclosure