Employer OPEB & GASB FY2022

The Georgia Department of Community Health (DCH) administers the two State of Georgia Other Post-Employment Benefit (OPEB) Plans: 1) the state OPEB Fund for state organizations, technical colleges, community service boards, and public health departments, and 2) the school OPEB Fund for local school systems, libraries, and regional educational service agencies. New GASB 75 accounting standards impact the way OPEB plans are reported. These new standards result in the recognition of liabilities that have always existed but are now required to be reported in the financial statements of each cost-sharing employer which includes your organization. The following information and links provide additional details regarding the new standards.

DCH Division of Financial Management Memo

The Memo to Financial Directors of SHBP Employing Entities provides information on GASB 75 Financial Reporting Requirements that will impact the way OPEB Plans are reported and is available here .

Georgia School Personnel Postemployment Benefit Fund OPEB Plan Schedules of Employer Allocations and OPEB Amounts by Employer FY2022

The Fiscal Year 2022 audit of the schedule of employer allocations of DCH's Georgia School Personnel Postemployment Benefit Fund performed by the Department of Audits and Accounts and the Actuarial Report is available below.

• Fiscal Year 2022 Audit Report

• Subsequent Employer Contributions Report

• Fiscal Year 2022 Actuarial Report

​Georgia State Employees Postemployment Benefit Fund OPEB Plan Schedules of Employer Allocations and OPEB Amounts by Employer FY2022

The Fiscal Year 2022 audit of the schedule of employer allocations of DCH's Georgia State Employees Postemployment Benefit Fund performed by the Department of Audits and Accounts and the Actuarial Report are available below.  

• Fiscal Year 2022 Audit Report

• Subsequent Employer Contributions Report

• Fiscal Year 2022 Actuarial Report

Employer Packets

DCH Finance began emailing Employer Packets in June 2023. If you have not yet received your Employer Packet, please see DCH Finance contact below.

In June 2023 employer packets for individual employer required disclosures and supplementary information will be located in the SHBP State Health Repository Tool (SHRT) portal where employers access their monthly premium billing reports, in a folder named “OPEB.” Employers may access SHRT by logging into the SHBP Enrollment Portal here: https://myshbpga.adp.com/shbp/

Note: Contract Employers including critical access hospitals and healthcare centers, school board members and certain retiree payroll locations are excluded.

Example Note Disclosures

For example note disclosures, please refer to the applicable template below which will assist organizations that prepare their own stand-alone financial statements.

• Example State OPEB Fund Note Disclosure

• Example School OPEB Fund Note Disclosure

Questions Regarding Employer Packets or Note Disclosures

For questions regarding the employer packets or note disclosures, contact Sabrina Ford, Sr. Manager 2 DCH Finance, at [email protected].