The Governmental Accounting Standards Board (GASB) is a private, non-governmental organization that creates accounting reporting standards for state and local governments. GASB Statement Number 68 was implemented to improve the accounting and reporting by state and local governments specifically for pensions. GASB 68 was the result of a comprehensive review of the effectiveness of reporting for pensions with a goal of providing decision-useful information, supporting accountability and interperiod equity, and creating more transparency.
Audited financial statements for the last five fiscal years ended 6/30/2018 through 6/30/2022 are listed below, in addition to the note disclosure and required supplementary information for ERSRI's plans. If older information is needed, please contact ERSRI directly.
GASB 68 Information by Plan:
This is an update to the GASB Statement No. 67 report dated December 30, 2022 to incorporate the GASB Statement No. 68 information for the covered employers.
FY2022 Employer reporting information to meet GASB 68 reporting requirements
Employees’ Retirement System – Teachers
Municipal Employees’ Retirement System of Rhode Island
GASB 68 Employer Reporting Accounting Schedules
To view the report that corresponds with your MERS reporting unit please reference the Employer Report Reference Key. First find the current ERSRI Employer Unit Number that you use when submitting data to ERSRI (see column 1). The 2nd column contains the Reserve Reporting Employer Unit Number that is used to identify your report prepared by GRS.