The Governmental Accounting Standards Board issued an exposure draft of a proposed implementation guide of questions and answers meant to clarify, explain or elaborate on the requirements of GASB Statement No. 74, “Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans.”

The proposed guide includes answers to more than 150 questions about the new GASB standards for other postemployment benefit plans (OPEB plans). The benefits they administer, which are primarily retiree healthcare, are referred to as other postemployment benefits (OPEB).

The exposure draft of implementation guide No. 201X-X, "Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans," is available on the GASB website. GASB is encouraging stakeholders to provide comments by Dec. 19, 2016.