Employee Benefit Trust Fund

This page has been created to provide relevant information concerning the establishment of an employee benefit trust and the accounting associated with the trust.

Brief overview of GASB 43 and 45

Presentations and Handouts

• Other Post Employment Benefits - Brief overview of GASB 43 and 45

Things to consider when establishing an employee benefit trust fund

August 4, 2006 Letter to School District Administrators, CESA Administrators, CCDEB Administrators
From: David Carlson, Director, School Financial Services Team - Subject: Fund 73 Employee Benefit Trust

Factors to consider when establishing an employee benefit trust

DPI Requirements for Fund 73

Employee Benefit Fund (Fund 73) Requirements

Employee Benefit Fund Requirements - 3/11

Major Points of the Employee Benefit Fund Requirements

Aid Eligibility

Employee Benefit Fund (Fund 73) Requirements

Employee Benefit Fund Requirements - 3/11

Excel Worksheet to Determine Aid Eligibility of Fund 73 Contribution 2010-11

Excel Worksheet to Determine Aid Eligibility of Fund 73 Contribution 2009-10

Trust Investments

2005 Wisconsin ACT 99 (Updated 2/22/11)

Accounting for trust activity

Sample of Activity

Presentations and Handouts

• OPEB Accounting Transactions - Accounting
• OPEB Sample Journal Entries - Accounting
• Webcast-Financial Transaction Accounting - June 28, 2006 - Accounting

Financial Transaction Accounting - New

Auditor Information

Fund 73 Audit Program

Resources

List of Actuaries - NEW
List of School Districts/CESAs with Fund 73
Frequently Asked Questions
Valuation Dates of School Districts with a Trust

Note to school districts/others with fund 73
Many decisions are required during the establishment of an employee benefit trust fund (fund 73). These decisions are the sole responsibility of the school district. DPI does not make a determination regarding legality or risks associated with the trust including investments and debt. DPI does provide guidance on how to account for the activity for filing DPI required reports and determination of district aid eligibility.

Please contact one of the School Finance Team Auditors located on the Staff Directory.

Last updated on 11/30/2011 10:44:13 AM