GASB 68 & 71 Quiz * 1. Full Name * 2. Municipality or Organization * 3. Job Title/Position * 4. Email * 5. Are you a member of MMCT&FOA * 6. The following pension plan(s) are cost-sharing multiple employer plans: Public Employees Retirement System (PERS) Municipal Police Officers Retirement System (MPORS) Sheriff's Retirement System (SRS) Firefighters Unified Retirement System (FURS) Teachers Retirement System (TRS) All of the above * 7. Which pension plan is the only plan that offers a defined contribution option? Public Employees Retirement System (PERS) Municipal Police Officers Retirement System (MPORS) Sheriff's Retirement System (SRS) Firefighters Unified Retirement System (FURS) Teachers Retirement System (TRS) * 8. Pension expense, as referred to in GASB 68, is the employers annual contributions made to the plan. True False * 9. Covered employee payroll is equal to pensionable payroll for all pension plans. True False * 10. Which item(s) do I need to complete the GASB 68 worksheet? Employer specific data reports available on MPERA's website PERS 2015 Pensionable payroll report available on MPERA's website GASB 68 Worksheet available on the Local Government Services Bureau website All of the above Done
