GASB 43/45 Interim Valuation Year Reporting


As we interpret GASB Statements 43 and 45, an actuarial valuation will be required every second or third year. For interim reporting, the following options are available:

  • Prepare an estimate using the prior-year valuation detail without adjustment, or modify using information estimation procedures
  • Prepare a roll-forward valuation for the interim year based on the most recent valuation data, claim detail and assumptions and "roll forward" using standard actuarial procedures
  • Prepare an actuarial valuation based on updated member data, claim detail and assumptions

For questions regarding our interim reporting services or to request a proposal, please contact us at or 877.217.5539.

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