Pension expense signals an employer's annual cost for maintaining an employee's pension plan. Employers who provide a pension plan must calculate and disclose plan assets and liabilities on an income ...

The pension accounting world before 1987 was a wild place, very similar to the western town in the Mel Brooks classic, Blazing Saddles. Processing Content Before a sheriff was appointed to bring order ...

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 — ...

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 ...

ByJohn S. McClenahen Large and midsized companies are facing major increases in pension expenses this year to make up for recent losses in their pension plans, says Deloitte & Touche LLP. The ...

Having a pension changes the bond allocation math in a meaningful way that most generic retirement advice does not account ...

Back in 2002, Nevada County’s annual pension expense was a mere $200,000. Nine years later, the County’s annual pension expense ballooned to $10.6 million – a growth rate of 5,195 percent. By ...