How can I verify the results from GASBhelp are accurate?
GASBhelp™ was built by Milliman in accordance with the actuarial valuation methodologies of the GASB 45 Alternative Measurement Method (AMM). GASBhelp has been tested rigorously by Milliman actuaries to confirm correctness using sample cases in GASB 45 literature as well as other test cases. Results were calculated manually by actuaries and then compared to tool results to verify that answers were identical. While Milliman can assure that the calculations are appropriate and correct, any result is only as good as the data upon which it is based. It is critical that you ensure the completeness and accuracy of every piece of data keyed in during the calculation process to confidently use the results from GASBhelp. To confirm accuracy and completeness, GASBhelp provides a summary of critical inputs as part of your results report. The results, like any other financial projection, represent forward-looking estimates based on reasonable assumptions and the best information available at the t
