“The Great GASB”
2009 Enrolled Actuaries Meeting
March 2009, by Alisa Bennett

Explains valuation procedure options for determining ARC, analyzes interim valuation issues, and discusses economic assumptions. Also reviews how to manage and mitigate OPEB liabilities.

"GASB OPEB"
National Council on Teachers' Retirement Directors' Meeting
June 2007, by Ed Macdonald

Reviews GASB 43 and 45, which deal with postemployment healthcare benefits, whether provided separately or through a defined benefit pension plan, as well as other forms of non-pension postemployment benefits (e.g., life insurance, disability, long-term care). Discusses the valuation process, how OPEB plans are generally structured, typical claims costs, liabilities, the impact of pre-funding and plan preservation strategies.

"Actuarial Valuations and Accounting Issues"
Government Finance Officers Association of Alabama
February 2006, by Ed Macdonald

A review of the principles of actuarial valuations and the impact of GASB 25 and 27. This presentation describes the work of actuaries; selecting benefit, investment, and funding policies; conducting experience investigations; and addressing unfunded liabilities.

After laying this groundwork, the presentation explains asset valuation options and the reporting requirements of defined contribution and defined benefit plans. A good overview for anyone new to retirement plan management.