The Governmental Accounting Standards Board released a post-implementation review report Monday on its pension standards and found they mostly accomplished their goals. Processing Content The PIR ...
The Governmental Accounting Standards Board voted Monday to approve two new standards to improve the accounting and financial reporting of public employee pensions by state and local governments.
Employers are increasingly offloading their pension obligations as plan expenses increase, economic conditions improve and companies continue a pronounced shift toward 401(k) plans. A pension buyout — ...
Taxpayers are reading state, county and municipal financial forecasts and are attending municipal meetings where business managers now report actual unprecedented tax receipts coming in. They are now ...
Retiring with a pension in 2026 puts you in a rare position. Less than 20% of Americans have traditional defined-benefit ...
One of the 3 hurdles (pension expense) is out of the way, which optimizes the cost structure. Uncertainties surrounding the nuclear PTC treatment and rate case remain, hindering an upgrade to a buy ...
Governments would have to report as a liability on their accrual-based financial statements the unfunded portion of their pension plan under a new proposal. That was contained in a statement of ...
At a time when Enron Corp. was cutting back on its employee retirement plans to save money, executive benefits at the energy company kept getting richer. Beginning in the 1990s, Enron joined many ...
NEW YORK – J.C. Penney Co. said Friday that its first-quarter profit tumbled 79 percent because of a big pension expense, but it narrowly beat analysts’ estimates as its expenses fell and demand ...
The largest U.S. corporate pension plans finished 2020 with a higher funding deficit than a year before but also managed to come out of the year with a higher funding ratio and lower aggregate pension ...
A Common Scheme Account must be opened along with the NPS Swasthya Pension Scheme Account if it is not already existing ...
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