The bursting of the stock market bubble has left many private defined benefit pension plans underfunded, raising some concerns about the effects on cash flows and, for a few firms, on financial ...

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 ...

GASB issued new accounting and financial reporting guidance Friday to assist certain state and local governments that are having trouble obtaining measurements and data points to comply with the board ...

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 ...

Earlier this year, Illinois said it had found a way to save billions of dollars. It would slash the pensions of workers it had not yet hired. The real-world savings would not materialize for decades, ...

As bad as the underfunding of state pension plans appears, the economic reality could be much worse, says a vocal faction of actuaries and financial economists. The reasoning goes like this: States ...

Jan 27 (Reuters) - United Parcel Service is changing the way it accounts for its company-sponsored pension and post-retirement benefit plan in the fourth quarter , which will reduce its net earnings ...

The issue of pension schemes for corporates is not likely to go away, especially given the prospect of tighter accounting rules. Take for example the UK postal service, the Royal Mail. The company has ...

For employers participating in group defined benefit pension plans, and in relation to plan surpluses, the new UK generally accepted accounting principles for 2015 will have a significant effect.

(Bloomberg Opinion) -- Private equity is the latest economic boogeyman. And there are good reasons for that. Assets in the private market have grown exponentially in the last 20 years, especially in ...

Canadians are living longer than ever before. Most of us would consider that good news. But longer lives could pose new funding risks for many pension plans and their members. The Canadian Institute ...

For state and local governments facing budget crises, public employee pensions are a top concern. Years of politicians promising generous benefits to their public employee union supporters have left ...