January 29, 2024
Circular Letter: 200-008-24
Topic: Financial

To: Public Agency and School Employers


The purpose of this Circular Letter is to provide public agency and school employers, contracted with the California Employers’ Retiree Benefit Trust (CERBT), information regarding the availability of the Governmental Accounting Standards Board (GASB) 75 Agent Other Post-Employment Benefits (OPEB) Plan report.

Access Your Reports

The GASB 75 Schedule of Changes in Fiduciary Net Position by Employer, Independent Auditors’ Report, and Notes to the Schedule as of June 30, 2023 (PDF) is now available. To receive a copy of the signed audit confirmed schedule, email CERBT4U@calpers.ca.gov.

Additional Information

We encourage you to discuss the audit and reporting requirements of GASB 75 with your auditors. Although CalPERS will provide you with the GASB 75 information needed regarding your CERBT plan, we encourage you to work with your auditors to determine how to present this information in your financial statements.


If you have specific questions related to the CERBT or the reporting of OPEB, email CERBT4U@calpers.ca.gov, call the CERBT Administration & Reporting Program Manager, Colleen Cain-Herrback, at (916) 795-2474, or call our CalPERS Customer Contact Center at 888 CalPERS (or 888-225-7377888-225-7377).


Michele L. Nix, Interim Chief Financial Officer
Financial Office