Liabilities · Long-Term Liabilities
2231 Net Pension Liability
Since 2026.10
- What it is
- The agency's share of total pension liability in excess of plan net position.
- Accounting standard
- GASB 68. Reported in the government-wide ledger and proprietary funds only.
- Examples
- Proportionate share of a cost-sharing pension pool's unfunded liability.
- Do not use for
- Net OPEB liability (2232).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 40 R34 Net Pension LiabilityLT_OBLIG_NET_PENSION_LIAB Government-wide item; record in the conversion ledger (980). |
| Government-wide ledger (980) | Form 40 R34 Net Pension LiabilityLT_OBLIG_NET_PENSION_LIAB Government-wide item; record in the conversion ledger (980). |
| Enterprise funds (water example) | Form 38 R56 Net Pension LiabilityENT_NET_PENSION_LIAB Enterprise or internal service column. |
| Internal service funds | Form 38 R56 Net Pension LiabilityINT_SERV_NET_PENSION_LIAB Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R24.5 Net Pension LiabilityPEN_OTHER_EE_BEN_TRUST_NET_PENS_LIAB Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.