TITLE

Public employers must divulge retiree benefit liabilities

AUTHOR(S)
Shepherd, Leah Carlson
PUB. DATE
April 2006
SOURCE
Employee Benefit News;Apr2006, Vol. 20 Issue 4, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the change in the rule of the U.S. Governmental Accounting Standards Board concerning non-pension retiree benefit liabilities of public employers. It presents the comments of chairman Robert Attmore on the rule. The challenge facing state governments in relation to the rule is also addressed.
ACCESSION #
20259542

 

Related Articles

  • GASB's Proposed Changes to Pension Accounting Standards for Public Sector Employers. Angelo, Paul; Joyner Jr., Leon F. (Rocky); Nicholl, Kim // Benefits Magazine;Jun2012, Vol. 49 Issue 6, p38 

    The article summarizes the proposed changes by the U.S. Governmental Accounting Standards Board (GASB) to pension accounting standards for public sector employees. It addresses two common misconceptions about the proposed changes, the blended discount rate and faster funding of unfunded...

  • Change afoot for public plans. Bradford, Hazel // Pensions & Investments;7/11/2011, Vol. 39 Issue 14, p2 

    The article reports on the key draft rules for public pension plan accounting unveiled by the Governmental Accounting Standards Board (GASB). It states the proposals including, moving net unfunded pension liabilities on the balance sheet and changing the discount rate for plans whose assets do...

  • PUBLIC EMPLOYEE.  // Benefits & Compensation Digest;Nov2010, Vol. 47 Issue 11, p48 

    This section offers news briefs related to public employee benefits in the U.S. About 24 public pension funds have reduced their benefits during the first half of 2010, according to the National Association of State Retirement Administrators. The revised Internal Revenue Service (IRS) rules...

  • GASB Chair To Retire Next June. DEPAUL, JENNIFER // Bond Buyer;10/3/2012, Vol. 382 Issue 33791, p1 

    The article announces the retirement of the U.S. Governmental Accounting Standards Board chairman Robert Attmore.

  • Dems Hit GASB on Pensions. QUIGLEY, JOAN // Bond Buyer;10/18/2011, Vol. 378 Issue 33600, p1 

    The article reports that Democrats Gerald Connolly and Edolphus Towns have joined issuers in opposition of the proposed changes on the accounting standards by the Governmental Accounting Standards Board (GASB). Connolly and Towns highlight that the pension proposal is counterproductive in a...

  • Effect of New GASB 45 Accounting Rules: What We Can Learn From FAS 106. Feldman, Martin; Haynes, Roscoe // Benefits & Compensation Digest;Mar2007, Vol. 44 Issue 3, p18 

    The article offers information on the new Governmental Accounting Standards Board's Statement Number 45 (GASB 45), titled "Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions." GASB 45 requires public employers to account for the cost of other...

  • A Look Back at 25 Years of High-Quality Standards-Setting. Bean, David R. // Journal of Government Financial Management;Fall2009, Vol. 58 Issue 3, p26 

    The article discusses the accomplishments and contributions on the financial reporting literature of Governmental Accounting Standards Board (GASB) on its first 25 years. The six classes of projects in the first six years include Financial Accounting Standards Board (FASB) standards, financial...

  • Govt Accounting Standards Board adds more to agenda. Burrowes, Ashley // Chartered Accountants Journal;Jun2008, Vol. 87 Issue 5, p60 

    The article reports on the three projects added to the agenda of the meeting of Governmental Accounting Standards Board (GASB) on April 2008, which include the review of subsisting post-employment benefit standards and private and public partnership. GASB Chairman Robert Attmore is confident...

  • GFOA Supports Proposals to Make OPEB Reporting Like Pension Reporting. Jagoda, Naomi // Bond Buyer;11/10/2014, Vol. 1 Issue 34208, p1 

    Government Finance Officers Association officials said it makes sense that draft standards on other post-employment benefit financial reporting are similar to the new standards for pension reporting.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics