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Getting Started
You will need to have the following information available in order to complete a GASB 75 Self-Serve valuation.
1. Employer contact and billing information
2. Fiscal year start date and fiscal year GASB 75 valuation is needed
3. Summary of benefits offered to retirees (other than pension)
4. Active/Pre-Medicare Retiree/Medicare Retiree* monthly premium and contribution information (medical/Rx, dental, vision)
5. Benefit plan coverage tier structure (single/family, single/employee+1/family, etc.)
6. Current plan enrollment data (medical/Rx, dental, vision)
7. Postemployment benefit eligibility criteria
8. Duration of retiree benefits
9. Average retirement age of pension eligible retirees over last five years
10. Do retiree medical plans coordinate with Medicare?*
11. Plan member data (includes active employees eligible for benefits who are currently receiving coverage):
a. Full name
b. Gender
c. Medical/Dental*/Vision* coverage tier (single, employee + spouse, etc.)
d. Employee/Retiree date of birth
e. Date of hire
f. Spouse date of birth*
g. Status (active, retired)
h. Plan enrollment
12. Plan participation percentage**
13. Annual salary increase percentage**
*If applicable
**Consult with auditor if necessary
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Gallagher Benefit Services, Inc. 2024