Employer contributions to a public employees retirement system (PERS)should be reported as

Question

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Employer contributions to a public employees retirement system (PERS) should be reported as an addition to net assets of the PERS, as it represents an increase in the resources of the PERS. It is not a revenue of the PERS since it is not earned by the PERS but contributed by the employer. It is not an expense of the General Fund since it is not paid by the General Fund, but rather by the employer. It is also not an other financing use of a proprietary fund since it is not related to the operations of a proprietary fund.

Employer Contributions to a Public Employees Retirement System (PERS)should Be