GASB 75 letter available now on File Transfer Service (FTS)

Michigan Office of Retirement Services - News for Employers

In 2018 employers are required for the first time to comply with Governmental Accounting Standards Board Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions (GASB 75), which requires disclosures regarding other postemployment benefits (OPEB). 

A file called GASB75 is now available on the File Transfer Service (FTS) website. This file is a letter that provides your reporting unit's estimated net OPEB liability and the system total estimated net OPEB liability. 

To retrieve this file, please follow the instructions below.

Please review the Frequently Asked Questions about GASB 75 on the Employer Information website. After reviewing it, if you have any questions, please contact

 FTS File Download Instructions: 

 1.  Go to the FTS site at
 2.  Log in.
 3.  The Available link will show all Messages available.
 4.  Locate the filename GASB75.
 5.  Click the box(es) next to the file(s) you want to download.
 6.  Click the Download As Binary link.
 7.  A File Download dialog will open. Navigate to the location where you want to store the file.
 8.  Click the Save button.
 9.  Open the folder where you chose to save the file in step 7.
10. Double-click the file to open.

Refer to the Reporting Instruction Manual - Chapter 14: FTS Guide for more information. Not all computer systems are the same; if you are unable to access the files, please try a different web browser or contact your IT personnel for assistance.

IMPORTANT: FTS files that have not been downloaded are available for only 14 days from the date of this communication. Files that have been downloaded are available on the Downloaded Messages tab for only four days from the date of download.

NOTE: Please keep your contacts current in the Employer Reporting website to ensure the appropriate staff is receiving this notification.