19. How will the required GASB disclosures be addressed? Are there any Year-End Audit requirements?
The CMERS actuaries do the required GASB disclosures relating to the entire CMERS system. As long as CMERS has the monthly reports submitted to us by the municipality, we generally do not require any other additional information. CMERS does reserve the right to ask for missing or additional information on active employees if needed. CMERS posts these annual disclosures and valuations on the CMERS website.